Business Personal Property - General Information

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BUSINESS PERSONAL PROPERTY

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Summary

MyDORWAY Upload Instructions

General Information

Frequently Asked Questions

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South Carolina Department of Revenue
Business Personal Property
Columbia, SC 29214-0301

BPP Taxes
Phone: 803-898-5222
Fax: 803-898-5484

BPP MyDORWAY Registration
Phone: 803-898-7700

Email BPP
BPP@dor.sc.gov

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General Information

Click on a Business Personal Property (BPP) Tax help topic below, for answers to your BPP questions:

What is Business Personal Property Tax?

Business Personal Property (BPP) Tax is a property tax on the depreciable assets of a business. Property typically includes the furniture, fixtures, and equipment that are owned and used to operate a business. Inventory, land, and buildings should not be included when reporting BPP. Taxation of leasing equipment depends on the terms of a leasing agreement.

Business Personal Property is assessed at 10.5%.

Filing Requirements

All businesses are required to file Business Personal Property Tax returns. This includes businesses (foreign or domestic) that lease equipment located in South Carolina.

A business's classification as provided in the most recent North American Industry Classification System Manual determines if a business should file with SCDOR or a South Carolina county (See SC Code §12-39-70 and §12-43-335).

PLEASE NOTE: Some counties have entered into an agreement to have all BPP returns filed with the SCDOR. See the chart below for a list of these counties.

As of December 31, 2023, Business Personal Property Tax Returns are filed through the SCDOR in the following counties:

*New for tax year 2024

Abbeville*
Aiken

Anderson
Bamberg*

Beaufort (except rentals)

Calhoun

Cherokee

Chester
Chesterfield*

Clarendon

Colleton

Darlington
Dillon*

Dorchester
Edgefield*

Fairfield
Florence*

Georgetown

Greenville
Greenwood*

Kershaw

Lancaster
Laurens
Lee*
Lexington
Marion*
McCormick
Newberry
Oconee
Pickens (except rentals)
Saluda
Spartanburg
Sumter*
Union
Williamsburg
York

Filing Due Date

Business Personal Property Tax Returns are due four months after the business’s accounting closing period. The accounting closing period refers to the business’s year end, when the accounting books are closed for Income Tax purposes (Section §12-39-70).

Filing Schedule

Period Ended	Filing Due Date
January 31	May 31
February 28	June 30
March 31	July 31
April 30	August 31
May 31	September 30
June 30	October 31
July 31	November 30
August 31	December 31
September 30	January 31
October 31	February 28
November 30	March 31
December 31	April 30

Example: A taxpayer that has an accounting closing period ending December 31 is required to file by April 30.

Filing a BPP Return

How to File

File online using MyDORWAY >
File by paper using the Business Personal Property Return (PT-100) and Instructions (PT-100I)

Preparers who file 100 or more returns for a tax period for the same year are required to file electronically using MyDORWAY.

Getting Started on MyDORWAY

The following tutorials will help you get started in MyDORWAY so that you can manage your BPP information:

Why file using MyDORWAY > (COMING SOON)
Signing up for MyDORWAY >
Adding a BPP account to an existing MyDORWAY profile > (COMING SOON)
Requesting account access for Tax Account Managers >

Filing Tips

A business’s location must be the physical street address. A Post Office Box is not acceptable.
A business must report the gross capitalized cost of all business furniture, fixtures, and equipment. Depreciation is allowed at the same rate allowed for South Carolina Income Tax up to a maximum allowance of 90%. A 10% residual must be retained for assets which have been depreciated beyond 90% for South Carolina Income Tax.
It is best to file using your Federal Employer Identification Number (FEIN).
Keep your business’s mailing address updated which is easy to do using MyDORWAY.

Filing a Return for Multiple Locations Using MyDORWAY

To file a Business Personal Property Tax Return for multiple business locations, consider the following two methods available using MyDORWAY.

METHOD 1: Enter Filings Online (recommended for five or fewer business locations):

This option allows you to enter your information for each location through MyDORWAY. Log in to MyDORWAY, select your BPP account, and click File Return to get started.

METHOD 2: Download and Upload a Consolidated Return File (recommended for six or more business locations):

This option allows you to provide information for each location using one file. You will download a template from MyDORWAY, enter the return information, and upload the completed file. Review our instructions page to get started >

Changing a Business Mailing Address in MyDORWAY

Quickly and easily update your BPP mailing address in MyDORWAY.

Log into MyDORWAY and go to the More tab
Click Manage Names and Addresses in the "Name and Addresses" section
Go to the Addresses tab and find your BPP account
Click on the address and select "Change this address"
Update the address as necessary and click the Verify Address button
When all changes are correct, click "Submit"

You can't update mailing addresses using the Consolidated Return File.

Amended Returns

File amended returns on MyDORWAY. Amended returns may be filed within three years from the date the original return was filed or due to be filed, whichever is later. (Section 12-54-85)

Closing a Business Tax Account

Using MyDORWAY, enter the close date in the location CLOSE DATE column.

If closing a location using the paper form PT-100, enter the close date under Location end date space. If the business is closed, also provide the close date under the Account Status section and choose the box labeled Final.

Failure to File a Return

If you do not file your return by the due date, the SCDOR will assess an estimated value based on the prior year’s return and an additional 10% penalty. The final assessed value is then certified to the county for billing. (Section 12-37-800)

Billing and Payments

Your county will distribute a tax bill after September 1. Payments are due to the county by the following January 15 of each year.

The tax bill is calculated by applying the applicable county millage to the assessed value of the business’s personal property. The SCDOR determines the assessed value by multiplying the net depreciated value of the business personal property by 10.5%. County auditors apply the applicable millage based on the taxing district where a business is located.

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