Some of South Carolina’s main tax debtors are paying the state after their debts were posted online.
State tax debtors paid nearly $ 9 million to the South Carolina Department of Revenue (SCDOR) in 2020 after their names were listed online last year by the agency.
February marks the one-year anniversary of the SCDOR’s Top Defaulting Contributors web pages, a list of the 250 largest individual tax debtors and 250 largest companies. They can be found at dor.sc.gov/top250.
The lists, updated quarterly, are an update of the SCDOR’s Debtor’s Corner which publicly listed the state’s top tax debtors for years. Each of the current defaulting taxpayers is in a tax lien situation, making these debts public. SCDOR is publishing the names to provide transparency, fairness and accountability.
“Although the majority of Southern Carolinians voluntarily pay their taxes, there are those who do not,” said SCDOR director Hartley Powell. “Blaming defaulting taxpayers is a necessary responsibility of the Department of Revenue to ensure the state’s fiscal health.”
Payments
In 2020, those on the lists paid SCDOR $ 8.8 million, including $ 8 million in guarantee payments and almost $ 800,000 in payment plan payments. Corporate borrowers paid $ 6.8 million, while individual borrowers paid nearly $ 2 million.
Collectively, listed companies and defaulting individual taxpayers owe $ 127 million in taxes. The individual tax debt on the list ranges from a minimum of $ 87,220 to a maximum of $ 2.6 million. The tax debt of companies on the list ranges from a minimum of $ 121,842 to a maximum of almost $ 2.6 million.
Before these names are published, SCDOR exhausts efforts to collect these debts. The agency sends letters, calls and / or makes personal contact to help these taxpayers comply.
Debts excluded from the lists include:
- Those who applied for bankruptcy protection.
- Debtors who have made payment agreements with SCDOR.
- Any debt in SCDOR’s GEAR or debt compensation programs.
The current amount of tax, penalty and interest due may differ from the amount listed as a result of partial payments and / or the accumulation of a fine and additional interest. Learn more about South Carolina’s top defaulting contributors at dor.sc.gov/top250.
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