RSS 1.0SC Revenue Rulings
The Department of Revenue publishes revenue rulings to provide guidance to the public. It is an advisory opinion issued to apply principles of tax law to a set of facts or general category of taxpayers.
Recent Submissions
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SC revenue ruling #22-13
(2022-12-01)The purpose of this advisory opinion is to update SC Revenue Ruling #18-13 concerning the partial property tax exemption for manufacturing property to reflect changes made to the partial exemption by Act. No. 39 of 2021, ... -
SC revenue ruling #22-12
(2022-11-18)The purpose of this advisory opinion is to update SC Revenue Ruling #05-1, “Fuel Surcharges by Retailers Delivering Tangible Personal Property,” to include additional examples illustrating the application of the sales and ... -
SC revenue ruling #22-11
(2022-11-17)The purpose of this advisory opinion is to update SC Revenue Ruling #21-13 to address the expansion of the “military” retirement income deduction by Act No. 156 of 2022, effective for tax years beginning 2022. -
SC revenue ruling #22-10
(2022-10-25)This paper answers the question: Is a separately stated “inflation fee,” “convenience fee,” “non-cash adjustment fee,” or similar type of fee charged by a retailer as part of the retail sale of tangible personal property ... -
SC revenue ruling #22-9
(2022-10-25)The purpose of this advisory opinion is to address the application of the sales and use tax exemption for injectable medications and injectable biologics in Code Section 12-36-2120(80) that are administered by or pursuant ... -
SC revenue ruling #22-8
(2022-10-25)The purpose of this advisory opinion is to update Department guidance with respect to the criteria that must be met to require a retailer to remit a local jurisdiction’s sales and use tax when delivering the product to a ... -
SC revenue ruling #22-6
(2022-10-25)The purpose of this advisory opinion is to update guidance concerning the application of the casual excise tax on sales of airplanes, boats, and boat motors when the sales and use tax has not previously been paid. -
SC revenue ruling #22-7
(2022-10-25)The purpose of this advisory opinion is to update guidance concerning the application of state and local sales and use taxes, and the casual excise tax, to sales of boats, boat motors, and boat trailers when sold individually ... -
SC revenue ruling #22-5
(2022-06-13)The purpose of this advisory opinion is to supplement the guidance published in SC Revenue Ruling #21-15, “Active Trade or Business Income – Annual Election by Pass-Through Entity to Pay Tax at Entity Level” and SC Revenue ... -
SC revenue ruling #22-4
(2022-06-13)The taxpayer is allowed a modification to its federal taxable income on its South Carolina income tax return. They may deduct qualified wages disallowed for federal tax purposes as a result of claiming the federal employee ... -
SC revenue ruling #22-3
(2022-04-01)The purpose of this advisory opinion is to provide guidance to employers of their South Carolina withholding requirements under South Carolina Title 12, Chapter 8, for resident and nonresident employees, whether the employees ... -
SC revenue ruling #22-2
(2022-04-18)The purpose of this Revenue Ruling is to provide guidelines to counties who are considering imposing, or are currently imposing, a transportation tax. The Department will use these guidelines to assist in determining whether ... -
SC revenue ruling #22-1
(2022-03-03)Licensed micro-distilleries in South Carolina are permitted to offer tastings to consumers that are held in conjunction with a tour of the on-site licensed premises. During the 2021 Legislative Session, Code Section ... -
SC revenue ruling #21-15
(South Carolina State Library, 2021-12-02)The purpose of this advisory opinion is to provide a brief summary of recent IRS guidance regarding a pass-through entity’s deduction of certain state and local income taxes, provide a brief review of guidance on Code ... -
SC revenue ruling #21-11
(South Carolina State Library, 2021-06-22)The purpose of this advisory opinion is to remind individual taxpayers of the tax deduction available for establishing a catastrophe savings account and the tax consequences of withdrawals. -
SC revenue ruling #21-9
(South Carolina State Library, 2021-06-16)The purpose of this advisory opinion is to provide guidance to beekeepers regarding common exemptions and exclusions available for purchases they make and to provide information about exemption certificates that may be ... -
SC revenue ruling #21-8
(South Carolina State Library, 2021-06-10)This ruling concerns the tax implications of sales of an airplane or boat in South Carolina when a seller comes to South Carolina for the sole purpose of making a onetime retail sale of an airplane or boat. -
SC revenue ruling #21-7
(South Carolina State Library, 2021-06-10)The purpose of this advisory opinion is to provide guidance to persons filing a sales and use tax return regarding the discount provided in Code Section 12-36-2610 for timely filing and paying the sales and use taxes due. -
SC revenue ruling #21-6
(South Carolina State Library, 2021-04-14)Sales of honey bees are exempt from the sales and use tax as “livestock” under Code Section 12-36-2120(4). -
SC revenue ruling #21-5
(South Carolina State Library, 2021-03-01)The purpose of this advisory opinion is to provide an overview of the federal low-income housing tax credit (federal credit) and the new South Carolina housing tax credit (credit), and to address general questions about ...
