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STATE OF SOUTH CAROLINA DEPARTMENT OF REVENUE BUSINESS PERSONAL PROPERTY RETURN PT-100 Rev. 10/1/07 IMPORTANT - A separate return must be filed for each location on forms approved by the Department of Revenue. This is a scannable form which must be completed with black ink only. See instructions on back Tax Year Owner Name and Mailing Address Business Name and Location New Account Amended Individual Corporation Partnership LLC/LLP Leasing Company A listing of partners and social security number is required Final Closing Acct. Return Due to Change in Accounting Closing Period Property File No. Accounting Closing Period mo/da/yr Sales Tax No. Date Business Open Federal EI/SS No. mo/da/yr Telephone No. County NAICS Code Tax Dist Date Business Closed If you have a new account your FEI/SSN must be provided in the space above. If you have a retail license and are making changes please contact 803 896-1350. CHANGES ONLY Owner Name Mailing Address Business Location City/State - Mail Zip City/S....

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If you file as a full-year resident, file the SC1040. Report all your income as though you were a resident for the entire year. You will be allowed a credit for taxes paid on income taxed by South Carolina and another state. Complete the SC1040TC and attach a copy of the other state's Income Tax return.

Tax rates are determined by local tax authorities by dividing the amount of revenue they need to meet their budget by the total assessed value in the tax jurisdiction. Tax rates are expressed in mills, which is equal to $1 of tax per $1,000 in assessed value.

The Horry County Auditor's Office is responsible for the collection and processing of Personal Property Returns (Form PT-100). If you owned a property in Horry County on December 31st of the prior year and this was not your legal residence, you are required to complete and submit a Personal Property Return.

After the asset is fully depreciated for federal purposes, the remaining depreciable basis (Section 179 and/or ITC) is depreciated (amortized) on the South Carolina return at: 50% per year for personal property. 20% per year for real property.

Under this program, companies making substantial capital investments may negotiate a lower assessment ratio and stabilize millage rates for up to 30 years. The long-term savings of the FILOT is based on the actual investment and is dependent on both the assessment and millage rates negotiated with the county.

The SCDOR determines the assessed value by multiplying the net depreciated value of the business personal property by 10.5%. County auditors apply the applicable millage based on the taxing district where a business is located.

Property tax is administered and collected by local governments, with assistance from the SCDOR. Real and personal property are subject to the tax.

Businesses that have a retail license must file a form PT-100 to the Department of Revenue. This form is available on the Department of Revenue website. Businesses that manufacture a finished good must file a PT300 to the Department of Revenue.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232