Taxes News
South Carolina's license tax revenue up 13.3% in Q2 compared to same quarter of the previous year
South Carolina collected $111 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Individual income tax revenue up 76.5% from previous quarter in South Carolina
The second quarter of 2024 brought in $1.8 billion in individual income tax revenue for South Carolina, a 76.5% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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