S.C. county to study reduced yacht tax

CHARLESTON, S.C. — In Charleston County, boats registered out-of-state are taxable if they remain for 180 days. However, it’s a difficult law to enforce because on day 179, a vessel can put to sea for a while, then return to a dock in the county, according to a report in the Charleston Post and Courier.

That’s one reason County Register of Mesne Conveyance Charlie Lybrand recently suggested that the county consider lowering its 10.5 percent tax rate for yachts to 6 percent in an e-mail to County Council Chairman Teddie Pryor.

Pryor said Friday that Council has directed county staff to research the issue and report its findings at the Council meeting in July.

To read the Post and Courier’s full report, click here: Charleston County to study reduced yacht tax

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