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International Fuel Tax Agreement. The International Fuel Tax Agreement (or IFTA) is an agreement between the lower 48 states of the United States and the Canadian provinces, to simplify the reporting of fuel use by motor carriers that operate in more than one jurisdiction. [1] Alaska, Hawaii, and the Canadian territories are not required to ...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1][2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
The Department of Revenue is a department of the South Carolina state government responsible for the administration of 32 different state taxes in South Carolina. [1] The Department is responsible for licensing and taxing all manufacturers, wholesalers and retailers of alcoholic liquors.
Last year, S.C. shoppers purchased over $30.4 million in tax-free items during the tax-free weekend.
Droves of newcomers have made South Carolina one of the nation's fastest-growing states. As legislators respond to climbing population totals, a bill dubbed the “Yankee tax” could require ...
Here’s what items qualify. South Carolina’s tax-free weekend is coming up, and shoppers will be able to save money ahead of the school year. The state’s sale tax of 6% and local sales tax ...
Along with North Carolina, it makes up the Carolinas region of the East Coast. South Carolina is the 40th-largest and 24th-most populous U.S. state with a recorded population of 5,118,425 according to the 2020 census. [2] In 2019, its GDP was $213.45 billion. South Carolina is composed of 46 counties.
Presently, South Carolina's government is formed as a representative democracy. South Carolina is a largely conservative, Republican state. Since the Declaration of Independence, South Carolina's politics have been controlled by three main parties: the Democratic Republican Party in the early 1800s, the Democratic Party through most of the 19th ...
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