South Carolina Enacts New Exemptions for Charities

Friday, June 19th, 2015

 
 
A construction site.
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South Carolina
General

South Carolina recently created two new sales tax exemptions for charities. These exemptions will take effect January 1, 2016.

The first exemption is for sales of children's clothing to private charitable organizations that will distribute the clothing to needy children. "Needy children" for this exemption are children that are eligible for free meals under the National School Lunch Program. This exemption will not apply to sales to private schools.

The second exemption is for construction materials that will be used by a 501(c)(3) nonprofit organization to build, rehabilitate, or repair a home for the benefit of an individual or family in need. An individual or family is "in need" if its income is eighty percent or less than the county median income.

http://www.scstatehouse.gov/sess121_2015-2016/bills/3568.htm


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