2021 Update for Rollback Taxes in South Carolina
Burr Forman
DECEMBER 27, 2021
South Carolina rollback tax laws changed in 2021, with potentially significant implications for real estate transactions where rollback taxes may come into play. South Carolina Code Section 12-43-230(a). Effective January 1, 2021, rollback taxes are to be assessed over a three-year period rather than the previous five-year period.
Let's personalize your content