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home : news : news April 17, 2015

7/28/2013 8:39:00 AM
S.C. Annual Sales Tax Holiday set for Aug. 2-4

The popular Sales Tax Holiday weekend in South Carolina will take place Friday, Aug. 2 at 12:01 a.m. and continue through Sunday, Aug. 4, at midnight. During the 14th Annual Sales Tax Holiday, shoppers will benefit from an exemption of the 6% state sales tax and any applicable local taxes on the purchase of school supply items. In addition to shoppers saving approximately $3 million over the course of the weekend, the Sales Tax Holiday also benefits in-state businesses by encouraging taxpayers to do their back-to-school shopping in South Carolina. During this time, taxes will not be imposed on items such as clothing, shoes, school supplies, book bags, computers, printers, bedspreads and linens. Nonexempt items during the weekend include the sale of jewelry, cosmetics, eyewear, furniture, or items placed on layaway. With the growing popularity of computer tablets, portable devices that have computing functions which allow users to access multiple software applications are considered computers and are therefore tax-exempt, provided they do not allow users to make telephone calls. For more information about this year’s Sales Tax Holiday, including a sample list of exempt and nonexempt items, visit the SC Department of Revenue website, www.sctax. org, under the “What’s New” section.










Galloway Mosley
SCPA
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