South Carolina’s license tax revenue down 34.9% in Q2 compared to previous quarter

W. Hartley Powell, Director of Department of Revenue at South Carolina Department of Revenue
W. Hartley Powell, Director of Department of Revenue at South Carolina Department of Revenue
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South Carolina collected $114 million in license taxes during the second quarter of 2025, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 34.9% decrease from the previous quarter, when license tax revenue was $175 million.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

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

Overall, South Carolina collected $6.1 billion in combined tax revenues in Q2.

Q2 South Carolina Tax Collections
Type of Tax Amount (millions)
Sales and Gross Receipts Taxes $3,259
Income Taxes $2,613
License Taxes $114
Other Taxes $60
Property Taxes $39

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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