South Carolina to Hold Sales Tax Holiday

Monday, June 25th, 2012

 
 
Share
Link
South Carolina
General

The South Carolina Department of Revenue recently released an information letter detailing the state's upcoming sales tax holiday. S.C. Info. Ltr. No. 12-7 (Dept. of Revenue June 22, 2012). The 2012 sales tax holiday will begin on Friday, August 3, 2012 at 12:01 a.m. and end on Sunday, August 5, 2012 at midnight.

During the sales tax holiday, any state and local sales and use tax will not be imposed on the following items:

  • Clothing and clothing accessories;
  • Footwear;
  • School supplies;
  • Computers, printers, and printer supplies;
  • Computer software;
  • Bathroom supplies, including wash clothes, towels, shower curtains, rugs, and mats;
  • Bedding supplies, including blankets, bed spreads, bed linens, sheet sets, comforter sets, pillows and pillow cases.

The sales tax holiday does not apply to sales of jewelry, cosmetics, eyewear, wallets, furniture, rental of clothing or footwear, items for use in business, or items placed on layaway or similar deferred payment and delivery plans. For a more detailed list of items that are exempt during the sales tax holiday and items that do not qualify for the exemption. See S.C. Revenue Rul. No. 10-7 (Dept. of Revenue May 18, 2010). For an overview of frequently asked questions regarding the sales tax holiday. See S.C. Revenue Rul. No. 10-8 (Dept. of Revenue May 18, 2010).


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

Washington Penalty Reduction Program

Monday, May 21st, 2018 -Businesses that apply to register with Washington's Marketplace Fairness Penalty Reduction Program by June 30,...

Cloud Software No Longer Taxable in Indiana

Thursday, May 17th, 2018 -Effective July 1, 2018, cloud software will no longer be taxable in Indiana. Indiana taxes the sale, lease,...

Sales Tax Increase in the Historic Triangle Region of...

Monday, May 14th, 2018 -Effective July 1, 2018, there will be an additional one percent (1%) regional sales and use tax imposed in the...

Sales by Charitable Organizations Generally Exempt in...

Friday, May 11th, 2018 -The Arkansas Department of Finance and Administration recently addressed the taxability of sales made by a non...

Credit Card Convenience Fees Taxable in New York

Wednesday, May 9th, 2018 -The New York Department of Taxation and Finance recently ruled that convenience fees for credit card purchases...

Farming Exemption Does Not Apply to Residential Gardening...

Monday, May 7th, 2018 -The Arkansas Department of Finance and Administration ruled that a utility vehicle used for residential garden...