S.C. Code Regs. 117-318 - Gross Proceeds of Sales and Sales Price

Current through Register Vol. 45, No. 9, September 24, 2021

"Gross proceeds of sales" is the basis for calculating the sales tax and "sales price" is the basis for calculating the use tax. There are many issues that arise from determining what is or is not included in the basis for the tax. The following will address some of these issues.

Notes

S.C. Code Regs. 117-318

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