During the annual Sales Tax Holiday, shoppers will benefit from an exemption of the 6% state sales tax and any applicable local taxes on the purchase of school supplies.
In addition to shoppers saving approximately $2 million to $3 million over the course of the weekend, the Sales Tax Holiday benefits in-state businesses by encouraging taxpayers to do back-to-school shopping in South Carolina.
“The Sales Tax Free Holiday weekend benefits both consumers and businesses,” said Rick Reames, Director of the South Carolina Department of Revenue. “Parents save money on important back-to-school items for their children, while retailers enjoy increased traffic.”
During this time, sales tax will not be imposed on items such as clothing, shoes, school supplies, bookbags, computers, printers, bedspreads and linens. Nonexempt items include the sale of jewelry, cosmetics, eyewear, furniture, or items placed on layaway.
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