Now showing items 1-20 of 46

    • SC revenue ruling #22-3 

      South Carolina Department of Revenue (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 

      South Carolina Department of Revenue (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 

      South Carolina Department of Revenue (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 Department of Revenue (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 Department of Revenue (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 Department of Revenue (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 Department of Revenue (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 Department of Revenue (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 Department of Revenue (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 Department of Revenue (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 ...
    • SC revenue ruling #21-4 

      South Carolina Department of Revenue (South Carolina State Library, 2021-02-10)
      The purpose of a Revenue Ruling is 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. It is the Department’s position until ...
    • SC revenue ruling 21-3 

      South Carolina Department of Revenue (South Carolina State Library, 2021-02-01)
      The purpose of this advisory opinion is to provide guidance to individuals on permitted filing statuses in light of the 2019 South Carolina Supreme Court decision to abolish the ability of couples to enter into common-law ...
    • SC revenue ruling #21-2 

      South Carolina Department of Revenue (South Carolina State Library, 2021-01-26)
      For tax years beginning after 2017, there is no South Carolina business interest tax limitation and no carryforward. Any interest expense that cannot be deducted against income in the year incurred may create a South ...
    • SC revenue ruling #21-1 

      South Carolina Department of Revenue (South Carolina State Library, 2021-01-21)
      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 ...
    • SC revenue ruling #20-3 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-25)
      This revenue ruling discusses buydowns - tobacco company payments to retailers (sales tax).
    • SC revenue ruling #20-2 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-12)
      The purpose of this advisory opinion is to provide general guidance and examples regarding the credit and the deduction provisions. For reference, tables are provided for each type of preceptor that lists the maximum five ...
    • SC revenue ruling #19-11 

      South Carolina Department of Revenue (South Carolina State Library, 2019-01-01)
      The purpose of this advisory opinion is to provide guidance regarding the credit amount available to taxpayers in a Tier III or Tier IV county who first create qualifying jobs in 2019 and who are beginning a credit period ...
    • SC revenue ruling #19-8 

      South Carolina Department of Revenue (South Carolina State Library, 2019-09-16)
      SC Revenue Ruling #03-1 addressed whether the Universal Service Fund Surcharge billed by the telephone providers to their customers were part of the gross proceeds of the charges for communication services and subject to ...
    • SC revenue ruling #19-7 

      South Carolina Department of rev (South Carolina State Library, 2019-09-16)
      The advisory opinion concerns the application of the sales and use tax to sales of tangible personal property and sleeping accommodations to federal, state and local government employees, foreign diplomats, federal credit ...
    • SC revenue ruling #19-6 

      South Carolina Department of Revenue (South Carolina State Library, 2019-04-26)
      The purpose of this advisory opinion is to provide sales and use tax guidance to persons operating as a marketplace facilitator who operate a marketplace where tangible personal property is sold in or into South Carolina ...