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Economic Development Department of Revenue Tax Exemptions

Burr & Forman

New Property Tax Exemption for All South Carolina Manufacturers

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The South Carolina Infrastructure and Economic Development Reform Act, 2017 Act 40, was recently enacted and is designed to enhance South Carolina’s economic competitiveness. The Act, commonly referred to as the gas tax bill,...more

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South Carolina Economic Development Incentives: Sales and Use Tax Exclusions and Exemptions

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Sales Tax: In South Carolina, a 6% sales tax is imposed upon every person engaged within this State in the business of selling tangible personal property and other types of goods and services sold at retail. Voters in...more

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