Vehicle License Fee
A "motor vehicle rental company" is defined as an individual or business entity whose business activity is renting motor vehicles to consumers under rental agreements for periods of ninety days or less.
The Vehicle License Fee, authorized by SC Code Section 56-31-50, is subject to state and local Sales and Use Tax in the manner, and to the same extent, as the fee charged for the lease or rental of the rental vehicle. In addition, a motor vehicle rental company may charge separately stated fees including, but not limited to, vehicle license fees, airport access fees, airport concession fees, and all applicable taxes to the renter.
Heavy Equipment Rental Fee
Under SC Code Section 56-31-60, a qualified renter is required to collect and remit a Heavy Equipment Rental Fee on all qualified rentals of any item of qualified heavy equipment property to customers. The fee is 2.5% of the rental price and applies to all qualified rentals made from a rental location in South Carolina where the customer picks up the equipment or where the qualified heavy equipment property is delivered in South Carolina. The fee does not apply to rentals made from a rental location in South Carolina and delivered outside South Carolina.
