Businesses are required to file a Business Personal Property Tax return with the county or the South Carolina Department of Revenue (SCDOR) annually for each business location.

Business Personal Property Tax is a business tax on the furniture, fixtures, and equipment owned by the business. Examples include computers, copiers, chairs, refrigeration equipment, and shelving. This is a tax that is to be reported as an acquisition cost with a deduction allowed for depreciation but should never fall below 10 percent.

To submit the tax, a Business Personal Property Tax account must be established. In general, a business that requires a Retail License will automatically receive a Business Personal Property Tax filing number from the SCDOR. A service business normally registers with the county.

Learn how to register for, file, and pay your Business Personal Property Tax.