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S.C. gun sales tax holiday

By Kay Bell · Bankrate.com
Tuesday, November 23, 2010
Posted: 4 pm ET

If your post-Thanksgiving Black Friday shopping list includes firearms and you live in (or near) South Carolina, then you're in for a treat.

South Carolina's annual gun sales tax holiday begins at 12:01 a.m. on Friday, Nov. 26, and runs through midnight on Saturday, Nov. 27.

During these two days, no state or local sales taxes will be collected on purchases of handguns, rifles and shotguns.

But not every weapon-related item is tax free. You'll still owe sales tax if you buy ammunition, archery supplies or black powder.

Gun parts and attachments that are sold separately also are subject to sales tax. This includes carrying cases, cleaning supplies, gun barrels and gun safes.

And handguns that are classified as antique, a curiosity, or a collector's item are still taxable.

The sales tax break applies to online purchases as long as the transaction is completed during one of the two sales tax holiday days.

And delivery charges are included in the amount that's exempt from sales tax. For example, if a South Carolina retailer sells a rifle on Nov. 26 or Nov. 27 for $2,000 and charges $55 to deliver the gun, then the entire charge of $2,055 is exempt from sales tax.

Happy shopping and happy hunting!

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1 Comment
bytejockey
November 24, 2010 at 10:50 am

I believe you must be a resident of SC to purchase a pistol there, not so for rifles and shotguns.