(A) Applications for property exemptions, other than the exemption provided by Section 12-37-220(A)(9), must be filed as follows:
(1) Except as otherwise provided any property owner whose property may qualify for property exemption shall file an application for exemption with the department within the period provided in Section 12-54-85(F) for claims for refund. This item does not relieve the taxpayer of any responsibility to file timely and accurate property tax returns.
(2) Owners of property exempt under Section 12-37-220(A)(8) shall file an application for exemption before the first penalty date for payment of property taxes.
(3) Applications for exemption are not required for properties owned by the United States Government or those exempt properties enumerated in Section 12-37-220(A)(1), (5), (6), (10), and (B)(9), (13), (14), (15), (17), (23), (25), and (30).
(B) If a taxpayer files a property tax return listing property as exempt, that listing is considered an application for exemption from property taxes.
(C) A taxpayer who is required to file property tax returns with the department shall claim any exemption on the return each year the property is exempt.
(D) Except for the requirement in subsection (C), the owner is not required to file more than one application for each exemption, unless there is a change in the status of the property as reported in the initial application or unless requesting an exemption for property which was not included in the initial or subsequent application.
HISTORY: 1991 Act No. 50, Section 2; 1994 Act No. 516, Section 28; 1995 Act No. 125, Section 2A; 1995 Act No. 125, Section 2B.
Structure South Carolina Code of Laws
Chapter 4 - The South Carolina Department Of Revenue
Section 12-4-10. Department of Revenue created.
Section 12-4-15. Departmental divisions; supervision.
Section 12-4-20. Offices, materials and supplies.
Section 12-4-30. Appointment of director; disposition of contested cases.
Section 12-4-40. Oath of office.
Section 12-4-310. Mandated powers and duties.
Section 12-4-330. Witnesses before department.
Section 12-4-340. Authority to contract with collection agency to collect delinquent taxes.
Section 12-4-350. Contracts for computer and data processing services; confidentiality of data.
Section 12-4-375. Retention and expenditure of funds from bankruptcy operations.
Section 12-4-377. Records of and disposition of funds from sale of confiscated alcoholic beverages.
Section 12-4-379. Payment of fee required for Federal Refund Offset Program.
Section 12-4-380. Report to General Assembly.
Section 12-4-385. Proposed change in policy concerning particular industry group; notice.
Section 12-4-387. Conduct of audits to promote voluntary compliance and collection of revenues.
Section 12-4-395. Authority to accept payment by credit card.
Section 12-4-397. Tax amnesty period.
Section 12-4-520. Dealings with county tax officials; oversight of county taxation matters.
Section 12-4-530. Investigation and prosecution of violations.
Section 12-4-535. Department determinations.
Section 12-4-570. Report of all taxable property and its value.
Section 12-4-580. Authority allowing department to contract to collect outstanding liabilities.
Section 12-4-710. Department to determine exemptions.
Section 12-4-720. Filing of applications for exemptions.
Section 12-4-730. Declaration and certification of exemption; voiding of tax notices by auditor.
Section 12-4-750. Revocation of exempt status; imposition of tax and penalty.