State Sales Tax Rates

State Sales Tax Rates South Carolina State Sales Tax 2014

South Carolina Sales Tax 2014
South Carolina State Sales Tax for 2014 Maximum Municipal Sales Tax

6.00%

3.00%

What is the South Carolina Sales Tax?

The South Carolina state sales tax is 6%, with a maximum possible sales tax (including local and municipal sales taxes) of 9%.

Local governments in South Carolina are allowed to add a local sales tax of up to 3 percent on top of the SC state sales tax for all qualifying sales in their jurisdiction - so the actual sales tax paid on any purchase in South Carolina can be up to 9% depending on location.

South Carolina charges a variety of sales taxes, including taxes at local and county levels plus hospitality and tourism taxes. The maximum tax rate of 10.5% is charged in Charleston, and additional excise taxes bring the tax rate on mixed drinks in tourist destination Myrtle Beach up to 16.5%. The vast majority of SC's counties charge a local sales tax of 1% to 3%.

Additional rules provide a 1% sales tax reduction to shoppers over 85, and cap the sales tax on most automobiles at $300. Like some other states, South Carolina holds an annual sales tax holiday for three days starting on the first Friday of August for back to school shoppers, with 0% sales tax on items such as school supplies, computers, clothing, sports equipment, and more.

What sales are exempt from the South Carolina Sales Tax?

South Carolina Sales and Use Tax Rates

Many states set special sales tax rates for certain types of goods like groceries or clothes, and may completely exempt certain transactions from state and local sales taxes. South Carolina completely exempts unprepared food and groceries, and prescription drugs from the South Carolina state sales tax.

South Carolina does not have special sales tax rates for certain types of purchase, a common practice in many states for goods such as food and clothing.Like many other states, South Carolina levies a special sales tax on prepared food from restaraunts or other locations. The South Carolina restaraunt sales tax is 10.5%.

Generally, the South Carolina sales tax is collected only from the end consumer, or the end user of the product. Customers buying products in bulk, as a business-to-business transaction, or buying with the intent to resell do not have to pay the South Carolina sales tax if they provide the seller with a South Carolina Sales Tax Exemption Certificate at the time of purchase. Most states will accept the Uniform Sales and Use Tax Certificate for this purpose, which is available from the Multistate Tax Commission here.

Internet Sales Tax, or tax on purchases made over the internet, is currently a gray area in many states' tax codes. While most states can collect sales tax on internet purchases made within the state (the vendor and consumer are both located in South Carolina), taxation of interstate internet transactions is much more complicated.

Currently New York, Rhode Island, North Carolina, Colorado, and Illinois have some form of online sales tax that also handles interstate transactions. For details on how South Carolina handles taxation of online sales, read more about online sales taxes in the United States.

Resources:

[1] Table of state sales taxes on Wikipedia
http://en.wikipedia.org/wiki/Sales_taxes_in_the_United_States#By_jurisdiction

[2] South Carolina sales tax information on Tax-Rates.org
http://www.tax-rates.org/South Carolina/sales-tax

[3] Table of state sales, use, and excise taxes by The Tax Foundation
http://www.taxfoundation.org/taxdata/show/245.html

[4] State level taxation resources on IRS.gov
http://www.irs.gov/businesses/small/article/0,,id=99021,00.html