South Carolina Statutes
§ 27-32-170 — Proceeds from sale or exchange exempt from sales tax.
The gross proceeds from the sale or resale of a vacation time sharing plan and the exchange of an interest in a vacation time sharing plan are exempt from sales tax imposed by Chapter 36 of Title 12 pursuant to the provisions of Section 12-36-2120.
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South Carolina § 27-32-170 (Proceeds from sale or exchange exempt from sales tax.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1979 Act No. 179, SECTION 1; 1998 Act No. 340, SECTION 2; 1998 Act No. 419, Part II, SECTION 61B; 2003 Act No. 84, SECTION 1.
Nearby Sections
15
§ 27-32-10
Definitions.§ 27-32-100
Public offering statements; contents.§ 27-32-110
Prohibited practices.§ 27-32-140
Materials required to be filed with plans concerning facilities not substantially completed.§ 27-32-200
Vacation Time Sharing Recovery Fund.§ 27-32-210
Recovery from fund; conditions.