The South Carolina Department of Revenue issued a guidance to remote sellers regarding their economic nexus standard in light of the U.S. Supreme Court’s Wayfair decision.  Prior to the decision, the Department took the stance that although legislation allowed for the collection of sales and use tax by retailers not maintaining a physical presence, the…

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South Carolina has enacted a state and local sales tax exemption for materials used in the construction or repair of a motorsports entertainment complex. Effective July 2, 2018, the exemption applies to items used to construct, repair, or improve a complex such as building materials, supplies, fixtures, and equipment. To claim the exemption, a qualifying company…

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