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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 Tax | Amount |
---|---|
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 |