South Carolina Greenwood County Tax Expires
- May 9, 2012 | Susan McLain
Greenwood County, South Carolina will no longer impose a 1% Capital Projects Tax. The tax expires June 30, 2012. Beginning July 1, 2012, Greenwood County will no longer impose a local sales and use tax.
A local “…capital projects sales and use tax is authorized under Code Section 4-10-300 et.seq. This tax is a general sales and use tax on all sales at retail (with a few exceptions) taxable under the state sales and use tax. This tax is imposed specifically to defray the debt service on bonds issued for various capital projects in the counties that impose this type of local tax and is collected by the Department of Revenue on behalf of these counties.”