Warranty Contracts Purchased After Tangible Personal Property Purchase Exempt in South Carolina

Starting on September 1, 2011, sales of a warranty, service, or maintenance contract for tangible personal property are exempt from South Carolina sales and use tax, with limited exceptions, if purchased after the purchase of the tangible personal property. (S.B. 36, Laws 2011, effective June 8, 2011)

Posted on May 21, 2012