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.
S.C. Code Ann. § 27-32-170
Proceeds from sale or exchange exempt from sales tax
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.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.