South Carolina imposes a sales and complimentary use tax on the retail sale or use of tangible personal property in the state. The taxes are assessed by the South Carolina Department of Revenue (DOR). Retailers are generally required to collect and remit the sales tax to the DOR, while purchasers are required to directly pay the use tax. There are significant exclusions and exemptions to both taxes. If a business retailer or purchaser does not pay the sales or use tax, the DOR may have the ability to make a "responsible person" assessment of the tax (including penalties and interest ...
Posts tagged South Carolina retail sale.
Posted in: South Carolina Tax, Tax Collection
Tags: Federal bankruptcy, sales or use tax, SC Code 12-36-940, South Carolina retail sale, South Carolina sales and use taxes, South Carolina tax