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The South Carolina state sales tax rate is 6%. Dozens of items are exempted from sales tax in the state, from hearing aids to erectile dysfunction medication to materials used to assemble missiles.
Counties may impose an additional 1% local option sales tax and other local sales taxes, [18] and local governments may impose a local accommodations tax of up to 3%. [17] South Carolina imposes a casual excise tax of 5% on the fair market value of all motor vehicles, motorcycles, boats, motors and airplanes transferred between individuals. The ...
The sales tax rate in Larimer County is roughly 7.5%. Most transactions in Denver and the surrounding area are taxed at a total of about 8%. The sales tax rate for non food items in Denver is 7.62%. Food and beverage items total 8.00%, and rental cars total 11.25%. [76]
Last year, South Carolina shoppers bought more than $30.4 million in tax-free items during the tax free weekend — a jump from the more than $26.2 million in tax-free items purchased in 2022.
In the last three-day tax holiday alone, South Carolina shoppers bought more than $30.4 million items online and in stores without having to pay South Carolina’s 6% sales tax or any local sales ...
Thomas McElveen, South Carolina State Senator (2012–2024) Lou-Ann Preble, congresswoman from Tucson, Arizona (1993–2002). Ramon Schwartz Jr., member of South Carolina Legislature and some years as Speaker of the South Carolina House of Representatives. Martha Priscilla Shaw, mayor of Sumter (1952–1956), first female mayor in South Carolina.
Because the rate of a sales tax does not change based on a person's income or wealth, sales taxes are generally considered regressive. However, it has been suggested that any regressive effect of a sales tax could be mitigated, e.g., by excluding rent, or by exempting "necessary" items, such as food, clothing and medicines. [21]
Moving South Carolina’s sales tax holiday to mid-July would mean no school district would start before the tax holiday. Now half of them do.