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Taxes in Greer, SC
In Greer, South Carolina, the local sales tax rate is 1%, the state sales tax rate is 6%, and the county sales tax rate is 1%. This means that for every purchase made within the city limits, a total of 8% sales tax is applied. This includes the combined rates from the local, state, and county levels.
When it comes to corporate income tax, businesses operating in Greer, SC are subject to a flat rate of 5% on all taxable income. This is a statewide rate and applies to all corporations in South Carolina. As for the gross receipts tax, South Carolina does not impose this type of tax on businesses, so companies in Greer are not required to pay it.
Property taxes in Greer, SC vary depending on the type of property. Commercial properties are taxed at a rate of 6% of the property's assessed value, while industrial properties are taxed at a rate of 10.5%. Personal property, which includes items like vehicles and boats, is also taxed. The rate for personal property is 10.5% of the property's assessed value.
More comprehensive tax data for Greer is coming soon!
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Business and Tax Incentives in Greer, SC
Greer offers a variety of economic incentives to help businesses at the local, state, and federal level.
No incentives found! If you are a local economic developer in Greer, claim this profile to add your incentives and attract more employers to your community.
Reviews
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FAQs about Greer, SC
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