South Carolina Rate Changes, March 2015
- Jan 13, 2015 | Gail Cole
Several local rate changes will take effect this spring in South Carolina.
Effective March 1, 2015:
- Aiken County will impose a 1% Capital Projects Tax and a 1% Education Capital Improvement Tax.
- Anderson County will impose a 1% Education Capital Improvement Tax. This will be the first local sales and use tax ever imposed by Anderson County.
- Cherokee County will impose a 1% local option tax and a 1% Education Capital Improvement Tax. A 1% School District Tax and a 1% local option tax expire on February 28, 2015.
Certain exemptions apply to the above taxes. Additional information is available on Information Notice 14-17.
Effective May 1, 2015, the Colleton and Georgetown counties will impose new sales and use taxes to fund capital projects. Additional information will be released by the South Carolina Department of Revenue at a later date.
The South Carolina Department of Revenue reminds that its charts “only address the general local option taxes collected by the Department of Revenue on behalf of the counties, municipalities, school districts, and the Catawba Indian Tribal government. They do not address the local taxes on sales of accommodations or on sales of prepared meals that are collected directly by the counties or municipalities.”
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