South Carolina Tax-Free Items and the State with the Lowest Sales Tax in 2020

South Carolina is well-known for its numerous tax holidays and exemptions, which allow people to save money on a variety of goods and services. You can plan your purchases and budget appropriately if you are aware of what items are tax-free in South Carolina. The following products are free from South Carolina’s sales tax: Clothing and footwear are exempt from state and municipal sales taxes in August every year if they cost $100 or less per item. This also applies to some accessories.

2. Computers, software, and school supplies – During the yearly sales tax holiday in August, computers and accessories priced at $750 or less per item, together with certain software and school supplies, are free from paying sales tax. Appliances that have received the Energy Star certification, such as washing machines, dishwashers, and refrigerators, are exempt from South Carolina’s state sales tax. 4. Prescription medicines and medical equipment – In South Carolina, certain items are free from sales tax.

In South Carolina, certain items purchased by non-profit organizations, farm equipment, and manufacturing equipment are also exempt from sales tax. Although South Carolina has a number of tax breaks, in 2020 it won’t have the lowest sales tax. Oregon, which does not levy a state sales tax, holds the distinction. New Hampshire, Alaska, Delaware, Montana, and other states have minimal sales taxes. It is important to keep in mind that these states can also impose other taxes, such income or property taxes, which could reduce the benefits from a low sales tax rate.

In conclusion, being aware of which things are exempt from South Carolina’s sales tax might help you save money on a variety of yearly expenditures. However, Oregon or other states with low or no sales tax rates may be worth considering if you’re seeking for the state with the lowest sales tax in 2020.