The hospitality and tourism economy brings a lot of direct and indirect revenue into South Carolina’s small and medium-sized businesses and into the coffers of each county and municipality. Even just having a gas station along an interstate highway brings a residual economic impact.
As summer approaches, the state's tourism season is about to explode, so we took a look at admissions tax collections data from the S.C. Department of Parks, Recreation and Tourism.
Each attraction that collects admission fees must also charge a 5% tax that has to be reported and paid to the S.C. Department of Revenue. The DOR also requires an Admissions Tax License for each place of amusement that charges a fee to enter. In the 2017-2018 fiscal year, South Carolina businesses and parks collected $39.5 million in admissions taxes.