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Taxes in Lake Wylie, SC
In Lake Wylie, 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 the total sales tax rate in Lake Wylie is 8%, which includes all local, state, and county sales taxes.
Regarding corporate taxes, South Carolina imposes a flat corporate income tax rate of 5%. As for the gross receipts tax, South Carolina does not levy a state-level gross receipts tax, and this applies to Lake Wylie as well.
For property taxes in Lake Wylie, the commercial property tax rate is 6% of the assessed value, while the industrial property tax rate is also 6% of the assessed value. The personal property tax rate, on the other hand, varies depending on the type of property but is generally around 10.5% of the assessed value.
More comprehensive tax data for Lake Wylie is coming soon!
Featured Profiles
Business and Tax Incentives in Lake Wylie, SC
Lake Wylie offers a variety of economic incentives to help businesses at the local, state, and federal level.
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FAQs about Lake Wylie, SC
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