South Carolina Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in South Carolina.
Why calculating business in South Carolina is different
South Carolina has a progressive income tax system.
State Income Tax
0% - 6.4%
Base Sales Tax
6%
State Min Wage
$7.25 / hr
Abbreviation
SC
South Carolina Business Interactive Tool
This calculator uses the latest 2026 data for South Carolina, including the minimum wage of $7.25 and the specific state income tax rates (0% - 6.4%).
Frequently Asked Questions about South Carolina Business
What is the corporate tax rate in South Carolina?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in South Carolina must also consider unemployment insurance taxes, sales tax collection (6%), and local business licenses.
Do LLCs pay tax in South Carolina?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 0% - 6.4% rate. However, South Carolina may also impose an annual LLC franchise fee.