Get SC DoR PT-300 2015

Residents of states that collect vehicle property taxes pay an average of $436 in additional property taxes. In South Carolina, that average is $650.71. ... In Greenville, primary residences are taxed at 4 percent of their assessed values, vehicles and secondary residences are taxed at 6 percent of their assessed values.

For more information about personal property tax, contact the auditor's office in the county where you plan to reside. South Carolina's general state sales and use tax rate is 6%. ... South Carolina residents age 85 or older are exempt from 1% of the state sales tax rate.

Residents of states that collect vehicle property taxes pay an average of $436 in additional property taxes. In South Carolina, that average is $650.71. ... In Greenville, primary residences are taxed at 4 percent of their assessed values, vehicles and secondary residences are taxed at 6 percent of their assessed values.

Homeowners in South Carolina pay annual property taxes based on the assessed value of their property and on their local tax rate. Assessed value is equal to a percentage of market value. ... For owner-occupied, primary residences the assessment ratio is 4%. For non-primary residences, the rate is 6%.

Beginning July 1, 2017, people who move to South Carolina with a vehicle, trailer, semi-trailer, or other automobile that needs to be registered in SC will owe a $250 Infrastructure Maintenance Fee (IMF), in addition to applicable title and registration fees and property taxes, per item that needs to be registered in ...

South Carolina collects a 5% state sales tax rate on the purchase of all vehicles. The maximum tax that can be charged is 300 dollars. In addition to taxes, car purchases in South Carolina may be subject to other fees like registration, title, and plate fees. You can find these fees further down on the page.

Under South Carolina law, you are required to pay personal property taxes on your vehicle before you can obtain a license plate. Taxes must be paid annually thereafter in order to receive a new decal. Property tax is based on the retail value of the vehicle and the taxing district in which you reside.

SC Vehicle Property Tax This fee is 5% of the price up to a maximum of $500 effective July 1, 2017. The IMF is in addition to applicable title and registration fees and annual personal property taxes. Additionally, if relocating to SC, residents are required to register vehicles within 45 days.

South Carolina collects a 5% state sales tax rate on the purchase of all vehicles. The maximum tax that can be charged is 300 dollars. In addition to taxes, car purchases in South Carolina may be subject to other fees like registration, title, and plate fees.

Other personal property is assessed at 10.5 percent. The registration fee for passenger cars is $24 every two years ($20 for residents age 65 or older; $22 for 64-year-olds) and can be paid when you pay your county property tax.

Once you've found a car that you wish to lease in South Carolina you will need to pay vehicle property tax, obtain insurance, register and title your newly leased vehicle. ... Pay all vehicle property tax that is required for your vehicle.

The dealership collects your South Carolina Sales Tax and DMV fee. The bill you will receive is for the personal property taxes. Since the dealer is the only one who is able to purchase a license plate before the property taxes are paid; you will be given 120 days from your purchase date to pay your property taxes.

When leasing, you are liable for sales tax even though you do not own the car. If your state levies a personal property tax, you'll have to pay this, too. But to entice you to lease, many dealers offer to pay the property tax for you. Shop around for the best deal.

SC Vehicle Property Tax This fee is 5% of the price up to a maximum of $500 effective July 1, 2017. The IMF is in addition to applicable title and registration fees and annual personal property taxes. Additionally, if relocating to SC, residents are required to register vehicles within 45 days.

Motor vehicle excise taxes are considered gross receipts and are subject to sales and use tax under a lease. (2) The dealer, acting on behalf of the leasing company, generally collects the first month's lease payment and the leasing company subsequently collects the balance of the lease payments due under the contract.