Under the South Carolina Constitution, there must be a uniform statewide system of ad valorem property taxation. The SC General Assembly has enacted a number of laws to accomplish this through the SC Department of Revenue and the County tax offices (Assessor, Auditor, and Treasurer).
Credit Exemption Examples
Specific assessment classifications, tax exemptions, credits, etc. have been enacted by the General Assembly reflecting the state’s policy goals.
Examples of the credit exemptions are:
- SC Homestead Exemption Program
- SC Tax Relief Exemption Program
- SC Other exempt property (verify Williamsburg County’s tax rate)
- Williamsburg County Local Option Sales Tax Credit (LOST)
Checks & Balances
State law has created a system of checks and balances in the tax offices of county government to protect both the taxpayer and the county. These checks and balances prevent taxing offices from becoming too powerful and abusive of their authority.