Residents and visitors to South Carolina paid $10.6 billion in taxes in 2018


South Carolina collected $10.6 billion in taxes in 2018, a 7.3 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from sales and gross receipts taxes ($4.9 billion) and income taxes ($4.9 billion).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

2018 South Carolina Tax Collections
Type of Tax
Amount
Property taxes
$37,298,000
Sales and gross receipts taxes
$4,948,178,000
License taxes
$582,294,000
Income taxes
$4,856,152,000
Other taxes
$126,174,000
General sales and gross receipts taxes
$3,303,220,000
Selective sales and gross receipts taxes
$1,644,958,000
Alcoholic beverages sales tax
$179,115,000
Amusements sales tax
$39,774,000
Insurance premiums sales tax
$239,215,000
Motor fuels sales tax
$646,581,000
Pari-mutuels sales tax
$0
Public utilities sales tax
$29,003,000
Tobacco products sales tax
$27,199,000
Other selective sales and gross receipts taxes
$484,071,000
Alcoholic beverages license
$12,600,000
Amusements license
$6,389,000
Corporations in general license
$110,199,000
Hunting and fishing license
$18,898,000
Motor vehicle license
$274,093,000
Motor vehicle operators license
$4,486,000
Public utilities license
$10,670,000
Occupation and business license, nec
$126,871,000
Other license taxes
$18,088,000
Individual income taxes
$4,432,104,000
Corporations net income taxes
$424,048,000
Death and gift taxes
$0
Documentary and stock transfer taxes
$126,174,000
Severance taxes
$0
Taxes, nec
$0

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