Business License Rate Structure
| Class | Income: 0 to
$2000.00
Minimim | All over
$2,000.00
Rate per $1,000.00 or fraction
thereof |
| 1 | $20 | $1.55 |
| 2 | $30 | $1.70 |
| 3 | $40 | $1.85 |
| 4 | $50 | $2.05 |
| 5 | $60 | $2.20 |
| 6 | $70 | $2.35 |
| 7 | $80 | $2.55 |
| 8 | (See individual
business in class.*) |
| |
| * Call (843) 665-3173 for rate class
assistance |
MINIMUM FEES AND RATES ARE DOUBLED FOR NON-RESIDENTS AND ITINERANTS HAVING NO FIXED PRINCIPAL PLACE OF BUSINESS WITHIN THE MUNICIPALITY.
Declining
rate applies in all classes for gross income in excess of one
million dollars
($1,000,000.00) as follows:
| Amount (in Millions)
Gross Income | Percent of Rate for
each additional $1,000.00 |
| | |
| 0 to 1 | 100% |
| >1 but < 4 | 90% |
| > 4 but < 7 | 75% |
| > 7 but < 10 | 50% |
| > 10 but < 20 | 25% |
| > 20 | 10% |