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Welcome to our Library, which provides legal information on topics related to the firm's practice areas. This information is not meant to be a substitute for receiving personal legal advice from an attorney. For specific inquiries about legal issues, we invite you to contact us at (843) 626-9000. We update this section throughout the year, so please check back for new articles. We also welcome suggestions on topics for future articles and news.
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Jeffcoat Law Firm Article
Accommodations Tax
By Eldon D. Risher, III
Do you rent your beach house or condo out as a summer rental? Do you rent your mountain cabin or campground site out part time to help pay the mortgage or lease payments? If you answered yes to either of these questions, you may be required to collect and remit accommodations tax to the local and state taxing authorities.
As a general rule, all rentals are subject to accommodations tax unless they fall within one of several statutory exemptions. S.C. Code of Laws § 12-36-920 imposes a sales tax equal to seven (7%) percent "on the gross proceeds derived from the rental of any rooms, campground spaces, lodgings, or sleeping accommodations furnished to transients by any hotel, inn, tourist court, tourist camp, motel, campground, residence, or any place in which rooms, lodgings or sleeping accommodations are furnished to transients for a consideration." If you are renting out rooms in your primary residence and place of abode, or you are renting sleeping accommodations to the same person for a period of ninety continuous days or more, the rental is exempt from accommodations tax.
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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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