Browsing SC Information Letters by Title

Now showing items 118-137 of 161

    • SC information letter #21-30 

      South Carolina Department of Revenue (South Carolina State Library, 2022-01-01)
      The South Carolina Code of Laws allows the imposition of various types of local sales and use taxes. Citizens of a county, depending upon the needs within the county, may impose one or several local sales and use taxes. ...

    • SC information letter #21-31 

      South Carolina Department of Revenue (South Carolina State Library, 2021-12-21)
      On May 15, 2020 the Department issued SC Information Letter #20-11 to announce temporary relief regarding a business’s establishment of nexus (income and sales) solely because an employee is temporarily working in a different ...

    • SC information letter #21-4 

      South Carolina Department of Revenue (South Carolina State Library, 2021-02-12)
      Internal Revenue Code Section 32 provides for a refundable earned income credit. To claim the earned income credit, a taxpayer must have qualifying "earned income" and meet certain adjusted gross income limits for the ...

    • SC information letter #21-5 

      South Carolina Department of Revenue (South Carolina State Library, 2021-03-03)
      The interest rate to be applied to underpayments and overpayments of taxes is listed here. The rate is compounded daily except simple interest applies to the underpayment of declaration of estimated tax.

    • SC information letter #21-6 

      South Carolina Department of Revenue (South Carolina State Library, 2021-05-01)
      Attached are three charts that provide guidance concerning the various types of local sales and use taxes collected by the Department and the types of exemptions allowed under each tax. These charts only address the general ...

    • SC information letter #21-7 

      South Carolina Department of Revenue (South Carolina State Library, 2021-03-31)
      On March 17 and 29, 2021, the Internal Revenue Service announced special individual income tax filing and payment relief for Form 1040 filers affected by the ongoing COVID-19 pandemic. In response to the tax relief ...

    • SC information letter #21-8 

      South Carolina Department of Revenue (South Carolina State Library, 2021-04-07)
      On May 15, 2020 the Department issued SC Information Letter #20-11 to announce temporary relief regarding a business’s establishment of nexus (income and sales) solely because an employee is temporarily working in a different ...

    • SC information letter #21-9 

      Unknown author (South Carolina State Library, 2021-04-08)
      A citator of advisory opinions issued by the Department from 1987 through March 2021 is available. This citator provides assistance in determining what effect new advisory opinions have on those previously published to the ...

    • SC information letter #22-1 

      South Carolina Department of Revenue (South Carolina State Library, 2022-02-03)
      A citator of advisory opinions issued by the Department from 1987 through December 31, 2021 is available. This citator provides assistance in determining what effect new advisory opinions have on those previously published.

    • SC information letter #22-10 

      South Carolina Department of Revenue (2022-06-28)
      Code Section 12-36-2120(57) provides for an annual three-day (72-hour) sales tax holiday for eligible sales taking place the first Friday in August through midnight the following Sunday night.

    • SC information letter #22-11 

      South Carolina Department of Revenue (2022-07-11)
      A citator of advisory opinions issued by the Department from 1987 through June 30, 2022 is available. This citator provides assistance in determining what effect new advisory opinions have on those previously published to ...

    • SC information letter #22-12 

      South Carolina Department of Revenue (2022-06-11)
      This is an index of South Carolina advisory opinions issued by the Department from 1987 through June 30, 2022.

    • SC information letter #22-13 

      South Carolina Department of Revenue (2022-08-31)
      The interest rate to be applied to underpayments and overpayments of taxes is listed here. The rate is compounded daily except simple interest applies to the underpayment of declaration of estimated tax.

    • SC information letter #22-14 

      South Carolina Department of Revenue (2022-09-01)
      For federal income tax purposes, the receipt of a loan is not a taxable event. Since South Carolina adopts Internal Revenue Code Section 108, to the extent a student loan described in Internal Revenue Code Section 108(f) ...

    • SC information letter #22-15 

      South Carolina Department of Revenue (2022-09-07)
      This is a brief summary of most of the significant changes in tax and regulatory laws enacted during the past legislative session. The summary is divided into categories, by subject matter.

    • SC information letter #22-16 

      South Carolina Department of Revenue (2022-07-01)
      The South Carolina Code of Laws allows the imposition of various types of local sales and use taxes. Citizens of a county, depending upon the needs within the county, may impose one or several local sales and use taxes. ...

    • SC information letter #22-17 

      South Carolina Department of Revenue (2022-09-29)
      The purpose of this information letter is to provide information on tax changes under the South Carolina Infrastructure and Economic Development Reform Act that becomes effective July 1, 2022..

    • SC information letter #22-18 

      South Carolina Department of Revenue (2022-10-05)
      In the “Comprehensive Tax Cut Act of 2022,” the General Assembly appropriated $1 billion to a Taxpayer Rebate Fund to be used to provide a one-time rebate for each 2021 individual income tax return that reports a South ...

    • SC information letter #22-18 (revised) 

      South Carolina Department of Revenue (2022-10-10)
      In the “Comprehensive Tax Cut Act of 2022,” the General Assembly appropriated $1 billion to a Taxpayer Rebate Fund to be used to provide a one-time rebate for each 2021 individual income tax return that reports a South ...

    • SC information letter #22-19 

      South Carolina Department of Revenue (2022-10-10)
      On October 5, 2022, the Internal Revenue Service (IRS) provided special filing and payment relief to persons affected by Hurricane Ian. Persons affected by Hurricane Ian include individuals who live in, and businesses ...