Adobe Stock
Adobe Stock
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 sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
2020 South Carolina Tax Collections
| Type of Tax | Amount |
|---|---|
| Insurance premiums sales tax | $253,175,000 |
| Other selective sales and gross receipts taxes | $530,455,000 |
| Hunting and fishing license | $20,152,000 |
| Other license taxes | $19,034,000 |
| General sales and gross receipts taxes | $3,565,480,000 |
| Motor fuels sales tax | $756,658,000 |
| Motor vehicle license | $303,975,000 |
| Documentarty and stock transfer taxes | $136,197,000 |
| Selective sales and gross receipts taxes | $1,816,378,000 |
| Alcoholic beverages license | $12,645,000 |
| Motor vehicle operators license | $4,711,000 |
| Individual income taxes | $5,095,531,000 |
| Alcoholic beverages sales tax | $187,462,000 |
| Public utilities sales tax | $27,904,000 |
| Amusements license | $4,324,000 |
| Public utilities license | $13,740,000 |
| Corporations net income taxes | $505,025,000 |
| Amusements sales tax | $34,030,000 |
| Tobacco products sales tax | $26,694,000 |
| Corporations in general license | $130,868,000 |
| Occupation and business license, NEC | $124,334,000 |
Alerts Sign-up