Business Personal Property is the furniture, fixtures and equipment used to operate your business.

There are two types of Business Personal Property Returns:

1. Business Personal Property Return Form
You file this return through The Richland County Auditor’s Office. This form pertains to businesses tied to professional or service type businesses. The taxpayer must file a return on or before April 30 of each year you own the business. Contact number (803) 576-2620 or 576-2621.

2. Business Personal Property Return PT-100/PT-300
You file this form through the Department Of Revenue. This form pertains to businesses collecting sales tax or miscellaneous retail. Please note for this type of return, any business which opens after the end of the accounting period must file an initial return as of December 31st with the return being due the last day of April. After the initial return, businesses are required to file on or before the last day of the fourth month after the close of the accounting period regularly employed by the taxpayer, for income tax purposes. Contact number (803) 898-5222.

When a business fails to file a return by the due date it can result in late fees and penalties.

Appealing Period- Claims for credits or refunds must be filed within three years from the time the return was filed, or two years from when the tax was due, whichever is later.


WHO FILES WHAT RETURN?

To determine what category you must file under, check the lists below:

COUNTY RETURN
Banking Institutions
Credit Agencies other than Banks
Security & Commodity Brokers, Dealers, Exchanges, and Services
Insurance Agents, Brokers, and Service
Real Estate Companies/Agents
Combination of Real Estate, Insurance, Loans, Law Offices
Hotels, Rooming Houses, Camps, and other Lodging Places
Health Services
Legal Services
Educational Services
Social Services
Museums, Art Galleries, Botanical and Zoological Gardens
Membership Organizations
Private Households
Miscellaneous Services


PT-100
Wholesale Trade Companies (Division F)
Durable Goods
Non Durable Goods
Retail Trades (Division G)
Hardware/Garden Supply Stores
Mobile Homes Dealers
Food Stores
Auto Dealers and Gas Stations
Apparel and Accessory Stores
Furniture/Home Furnishing Stores
Eating and Drinking Establishments
Miscellaneous Retail

PT-300
Manufacturers
Mining Organizations
Corporate Headquarters
Distribution Facilities
Research & Development Facilities
Leased Utilities
Leased Transportation for Hire
Fee in Lieu of Tax Properties



For more information please call (803) 576-2612 or you may also find helpful information by visiting our Business Service Center.