SOUTH CAROLINA DEPARTMENT OF REVENUE
Public Affairs Office
Contact: Danny Brazell
Telephone: (803) 898-5464
FOR IMMEDIATE RELEASE
June 14, 2004
Owners of vacation rental property
May owe accommodations tax
South Carolina homeowners who rent their property to vacationers themselves and do not use an agent, broker or any other listing service, could owe the state a sales tax on those accommodations.
To help homeowners understand the state’s tax laws on renting their home to vacation guests, the South Carolina Department of Revenue has issued Revenue Ruling #04-12 explaining in detail the circumstances under which homeowners must collect the sales tax on accommodations. The ruling also gives the circumstances in which the property may be exempt from taxes.
The ruling is available at the department’s website, www.sctax.org, under “What’s New.”