§ 2-147. Due date; penalties for late payment.

Except for taxes on motor vehicles, town taxes for any tax year shall be due and payable on or before January 16, without penalty. On all taxes not paid before 5:00 p.m. on January 16, there shall immediately become due and payable a penalty of:

(1)

Three percent for taxes not paid before February 2;

(2)

An additional seven percent for all taxes not paid before March 17; and

(3)

An additional five percent of taxes and prior penalties due, together with a fee of $2.00 all taxes not paid before March 17;

provided, however, that any penalties shall not exceed a cumulative total of 15 percent of the tax levied.

(Code 1988, § 1-5-9)

State law reference

Municipality may establish tax year penalty dates and amounts, S.C. Code 1976, § 5-7-300; penalties when county collects for town, S.C. Code 1976, § 12-45-180; special provisions for taxes on motor vehicles, S.C. Code 1976, § 12-37-2610 et seq.