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South Carolina collected $2 billion in selective sales and gross receipts taxes in 2021.
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.
South Carolina Tax Collections 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Public utilities sales tax | $29,128,000 | $28,258,000 |
Motor fuels sales tax | $944,249,000 | $838,264,000 |
Alcoholic beverages license | $13,717,000 | $15,414,000 |
Amusements license | $6,344,000 | $6,925,000 |
General sales and gross receipts taxes | $4,876,547,000 | $4,154,363,000 |
Motor vehicle license | $295,330,000 | $302,509,000 |
Individual income taxes | $6,854,835,000 | $5,456,360,000 |
Occupation and business license, NEC | $140,838,000 | $171,008,000 |
Hunting and fishing license | $23,734,000 | $21,855,000 |
Insurance premiums sales tax | $289,114,000 | $273,744,000 |
Corporations in general license | $163,072,000 | $148,137,000 |
Documentarty and stock transfer taxes | $237,831,000 | $183,899,000 |
Alcoholic beverages sales tax | $222,505,000 | $208,490,000 |
Corporations net income taxes | $1,204,176,000 | $740,197,000 |
Amusements sales tax | $53,981,000 | $36,213,000 |
Other selective sales and gross receipts taxes | $545,330,000 | $552,152,000 |
Motor vehicle operators license | $4,723,000 | $4,915,000 |
Selective sales and gross receipts taxes | $2,112,221,000 | $1,965,427,000 |
Other license taxes | $16,511,000 | $22,249,000 |
Public utilities license | $14,713,000 | $14,015,000 |
Tobacco products sales tax | $27,914,000 | $28,306,000 |