• FJT Team

NEWS: SC hauls in $47M in online sales tax collections after Supreme Court ruling

South Carolina’s sales tax collection coffers are now about $47 million fatter thanks to online companies.

That’s because remote sellers, or companies that don’t have a physical presence but do business in the Palmetto State, have been required for nearly a year to collect sales and remit taxes on the products they sell to South Carolina customers.

The state collected $46.8 million in extra revenue from 3,089 registered remote sellers from Nov. 1 through June, according to Bonnie Swingle, spokeswoman for the state Department of Revenue.

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