South Carolina Lawmakers Advance Business License Tax Changes

South Carolina lawmakers are looking to give businesses a more uniform and easier way to pay their license taxes.

The state House of Representatives gave unanimous approval Thursday to a bill (H.B. 4431) overhauling the system and sent it to the Senate for consideration. Changes to the system are backed by a broad coalition of business groups.

• South Carolina allows localities to impose a tax on business based on gross receipts. Dozens of cities and counties currently levy the tax using a variety of procedures. Businesses say the process is unnecessarily burdensome and costly.
• The measure ...