South Carolina (Summary)
Last Updated: March 2020
Tax Type: Current Use
Description: Current use based on agricultural productivity. Forest land is not classified, though it can occupy a portion of agricultural land whether it is dry cropland, pasture, waste or non-productive.
Law: Agricultural property Sec. 10-6-31.3
Objective:
Principal Forest Property Tax Incentive Program:
Program legal-common name: General property tax system
Program Requirements
Min/Max Acreage: minimum 20 acres
Min. Stocking Growth: N/A
Forest Management Plan: N/A
Duration of Enrollment: 5 years
Evidence of Use: N/A
Penalties for Use Change: Intentional evasion or deceit of proper classification requires a penalty of an additional 50 percent of the amount not listed
Program Administration
State: South Dakota Department of Revenue sends each county its average assessed value per acre for cropland and non-cropland, along with the background information provided by SDSU.
County Tax Assessor and Commissioner: The counties then spread these values according to the soil survey.
University: South Dakota State University (SDSU) produces the agricultural income value for the productivity valuation system.
Landowners: N/A
For a more in depth discussion of South Dakota property taxes click here!