ATTM 001.docx
DOCX document 14 KB Posted
- Attached to
- REB170356 12/12/2023 13:06
- Solicitation number
- 5400026352
- Issued by
- Richland County, South Carolina
About this file
This document is a tax notice issued by the State of South Carolina regarding withholding requirements for nonresident contractors. The notice applies to all governmental entities in South Carolina that execute contracts with nonresidents conducting business or performing services within the state. The primary requirement, governed by Section 12-8-550 of the South Carolina Code of Laws, mandates that contracting entities withhold 2% of each payment made to nonresidents, with specific exemptions available for purchases of tangible personal property without accompanying services, nonresidents not conducting business in South Carolina, contracts valued under $10,000 annually, and nonresidents who register with the South Carolina Department of Revenue or Secretary of State and submit Form I-312 (Nonresident Taxpayer Registration Affidavit - Income Tax Withholding). Once submitted to a Using Entity, the affidavit remains valid for all subsequent contracts between that nonresident and entity unless the Department of Revenue revokes the exemption.
An additional withholding requirement under Section 12-8-540 applies to rental or royalty payments of $1,200 or more annually, requiring entities to withhold 7% for nonresident individuals and 5% for nonresident corporations. Nonresidents should submit a separate copy of Form I-312 to each governmental entity making payments under this solicitation. The South Carolina Department of Revenue administers all tax withholding matters and can be contacted at 1-844-898-8542 or through its website at dor.sc.gov for registration, withholding exemptions, and other applicable exceptions. The agency issuing this notice does not administer tax compliance and directs all related inquiries to the Department of Revenue.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Solicitation.pdf | ||
| Amendment 1.pdf | ||
| ATTM 004.docx | DOCX document | |
| ATTM 003.pdf | ||
| ATTM 002.pdf | ||
| ATTM 006.docx | DOCX document | |
| ATTM 005.docx | DOCX document |
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
ATTM 001
IMPORTANT TAX NOTICE - NONRESIDENTS ONLY
Withholding Requirements for Payments to Nonresidents: Section 12-8-550 of the South Carolina Code of Laws requires persons hiring or contracting with a nonresident conducting a business or performing personal services of a temporary nature within South Carolina to withhold 2% of each payment made to the nonresident. The withholding requirement does not apply to (1) payments on purchase orders for tangible personal property when the payments are not accompanied by services to be performed in South Carolina, (2) nonresidents who are not conducting business in South Carolina, (3) nonresidents for contracts that do not exceed $10,000 in a calendar year, or (4) payments to a nonresident who (a) registers with either the S.C. Department of Revenue or the S.C. Secretary of State and (b) submits a Nonresident Taxpayer Registration Affidavit - Income Tax Withholding, Form I-312 to the person letting the contract.
The withholding requirement applies to every governmental entity that uses a contract ("Using Entity"). Nonresidents should submit a separate copy of the Nonresident Taxpayer Registration Affidavit - Income Tax Withholding, Form I-312 to every Using Entity that makes payment to the nonresident pursuant to this solicitation. Once submitted, an affidavit is valid for all contracts between the nonresident and the Using Entity, unless the Using Entity receives notice from the Department of Revenue that the exemption from withholding has been revoked.
Section 12-8-540 requires persons making payment to a nonresident taxpayer of rentals or royalties at a rate of $1,200.00 or more a year for the use of or for the privilege of using property in South Carolina to withhold 7% of the total of each payment made to a nonresident taxpayer who is not a corporation and 5% if the payment is made to a corporation. Contact the Department of Revenue for any applicable exceptions.
For information about other withholding requirements (e.g., employee withholding), contact the South Carolina Department of Revenue at 1-844-898-8542 or visit the Department's website at: dor.sc.gov This notice is for informational purposes only. This agency does not administer and has no authority over tax issues. All registration and withholding tax questions should be directed to the South Carolina Department of Revenue at 1-844-898-8542. Additional contact information can be found by visiting the Department's website at dor.sc.gov PLEASE SEE THE "NONRESIDENT TAXPAYER REGISTRATION AFFIDAVIT INCOME TAX WITHHOLDING" FORM (FORM NUMBER I-312) LOCATED AT: dor.sc.gov [09-9005-5]
File details come from the government source that posted it. Updated .