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Lower West SC News

Wednesday, April 2, 2025

Residents and visitors to South Carolina paid $10.6 billion in taxes in 2018

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South Carolina collected $10.6 billion in taxes in 2018, a 7.3 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from sales and gross receipts taxes ($4.9 billion) and income taxes ($4.9 billion).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

2018 South Carolina Tax Collections
Type of TaxAmount
Property taxes$37,298,000
Sales and gross receipts taxes$4,948,178,000
License taxes$582,294,000
Income taxes$4,856,152,000
Other taxes$126,174,000
General sales and gross receipts taxes$3,303,220,000
Selective sales and gross receipts taxes$1,644,958,000
Alcoholic beverages sales tax$179,115,000
Amusements sales tax$39,774,000
Insurance premiums sales tax$239,215,000
Motor fuels sales tax$646,581,000
Pari-mutuels sales tax$0
Public utilities sales tax$29,003,000
Tobacco products sales tax$27,199,000
Other selective sales and gross receipts taxes$484,071,000
Alcoholic beverages license$12,600,000
Amusements license$6,389,000
Corporations in general license$110,199,000
Hunting and fishing license$18,898,000
Motor vehicle license$274,093,000
Motor vehicle operators license$4,486,000
Public utilities license$10,670,000
Occupation and business license, nec$126,871,000
Other license taxes$18,088,000
Individual income taxes$4,432,104,000
Corporations net income taxes$424,048,000
Death and gift taxes$0
Documentary and stock transfer taxes$126,174,000
Severance taxes$0
Taxes, nec$0

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