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Instructions for 2026 PT-300 Property Tax Return and Schedules General Information and Line Instructions South Carolina Department of Revenue | dor.sc.gov |August 2024
Enlarge image | Instructions for 2026 PT-300 Property Tax Return and Schedules General Information and Line Instructions South Carolina Department of Revenue | dor.sc.gov |August 2024 |
 Enlarge image | Contents General Information � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �1 Frequently Asked Questions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �3 Classification Guidelines � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �5 Property Requirements � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �5 List of Schedules � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �5 Property Tax Definitions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �7 Real and Personal Property � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �7 Land Improvements � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �7 Building Improvements � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �7 Miscellaneous Items � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �8 Completing your Return and Schedules � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �10 PT-300 Instructions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �10 Schedules A, B, C, D, E, F, J, K, L, S, and T Instructions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �12 Schedule G - Fee in Lieu of Tax Supplemental Instructions � � � � � � � � � � � � � � � � � � � � � � � � � � � � �15 Schedule X - Improvement Schedule Instructions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �16 Schedule Z - Lease Schedule Instructions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �17 Additional Forms � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �18 Application for Five-Year Exemption � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �18 Application for Warehousing and Wholesale Distribution � � � � � � � � � � � � � � � � � � � � � � � � � � � � �18 Application for Idle Property � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �19 Contact Information � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �19 Reminders � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �20 File online with MyDORWAY � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �20 Property Tax Timetable � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �20 Checklist � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �20 |
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General Information
These instructions are for:
● Manufacturing ● Research and Development Facilties
● Mining ● Leased Utilities
● Corporate Headquarters ● Leased Transportation for Hire
● Corporate Office Facilities ● Fee in Lieu of Tax Properties
● Distribution Facilities ● Manufacturing Warehouse
SC Code Sections
The codes and regulations mentioned in this document are available at dor.sc.gov/policy�
Manufacturing
A manufacturer is every person engaged in making, fabricating, or changing things into new forms or
in refining, rectifying, or combining different materials. Manufacturing and mining is further defined by
the classifications set out in Sectors 21 (Mining) and Sectors 31 - 33 (Manufacturing) of the most recent
North American Industrial Classification System (NAICS) manual, with the exception of publishers of
newspapers, books, and periodicals, which do not actually print their publications, in accordance with
SC Code Section 12-43-335.
Manufacturing Property Tax applies to owners of all real and/or personal property owned, used or
leased by Manufacturers, Mining Companies, or Industrial Development Projects. The Manufacturing
Property Tax also applies to the owners of all real and/or personal property used by or leased to the
following utility and transportation for hire companies: water, heat, light, and power, telephone, cable
television, sewer, railway, private carline, airline and pipeline companies.
Exemptions
See the application for exemption section on Page 18 of this document and the following SC Code
Sections for more information: 12-37-220(A)(7), (A)(8), (B)(32), (B)(34), (B)(52), and 12-37-220(C).
Appeal Procedures
If you dispute a new or amended value, assessment, or fee, you may appeal by filing a written protest
within 90 days of the date of the Property Assessment Notice. If your appeal is accepted, the SCDOR
will adjust the valuation to 80% of the original amount. Any valuation greater than 80% which you agree
to in writing may be accepted pending resolution of the appeal. You will be charged interest for the
unpaid amount� A written protest must be filed within 90 days and contain the following:
● Property owner's name, address, and phone number
● SID Suffix number as shown on the Property Assessment Notice
● Date of the Property Assessment Notice you are appealing
● Tax year
● Plant operation schedule identification number (For example, SCHD A00001)
● Any combination of the following, as the matters under appeal for each schedule:
■ Real property value, assessment, or fee
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■ Personal property value, assessment, or fee
■ Exemption assessment
■ Penalty assessment fee
● Your reasons or grounds for disagreeing with the valuation, assessment, or fee
● What you believe is the fair market value and assessment of the property
● Contact name and phone number
● Agreed-upon percentage valuation, assessment, or fee in excess of 80%, as described above
Taxpayer Representative
In order to authorize an individual as your representative, you must complete and file an SC2848,
Power of Attorney and Declaration of Representative, signed by you and the representative. You can
only be represented by an attorney, CPA, or enrolled agent. You must indicate on the SC2848 that the
representative has the authority to represent you in Property Tax matters, as well as Income Tax
matters as they relate to Property Tax. The SC2848 is available at dor.sc.gov/forms�
This is important, since many Property Tax issues reference information filed on your Income Tax
return. If this power is not granted, we will not be able to discuss these issues with your representative.
Authorization may be extended to registered, licensed, or certified real estate appraisers in questions of
real property value only. See SC Code Section 12-60-90 for more information.
Failure to File and Late Penalties
If you do not file returns on time, you may lose exemptions and be charged late filing penalties. See SC
Code Section 12-37-800 for more information.
You may appeal late filing penalties in writing in accordance with South Carolina Revenue Procedure
#98-3, available at dor.sc.gov/policy�
The request for a penalty waiver must come from the owner of the company. Otherwise, they must
have a Power of Attorney (POA). If the request is coming from the owner, they must sign the document
making it known that they are the owner. The request must be on company letterhead and contain the
following:
● Business name
● SID Suffix number for the business
● Year or years requesting the waiver
● A detailed reason with facts and circumstances that caused the failure to comply
● A copy of the PT-310, Property Assessment Notice
Local county auditors assess late payment penalties. You should appeal any penalties to the local county
auditor. All county auditor contact information is available on the Association of Counties website at
sccounties.org�
Millage Rates
Millage rates or tax levies are applied by local county auditors. All county auditor contact information is
available on the Association of Counties website at sccounties.org�
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Frequently Asked Questions
Who is required to file this return?
The owners of all real and/or personal property of which a Fee In Lieu of Tax (FILOT) agreement has
been negotiated with the county .
The owners of all real and/or personal property owned, used, or leased* by the following businesses:
● Manufacturing
● Mining
● Facilities that qualify for an exemption under SC Code Sections 12-37-220B(32), 12-37-220B(34),
or 12-37-220B(52):
■ Manufacturing/mining facility
■ Corporate headquarters
■ Corporate office facilities
■ Distribution facilities
■ Research and development facilities
The owners of all real and/or personal property used by or leased* to the following utility and
transportation for hire companies:
● Water, heat, light, and power
● Telephone
● Cable television
● Sewer
● Railway
● Private carline
● Airline
● Pipeline
*All leased property should be reported by the owner. When leased property is capitalized by the
lessee for Income Tax purposes, the lessee is considered the owner, in accordance with SC Revenue
Ruling #93-11�
When am I required to file?
You must file at least one return per year. Returns are normally due by the last day of the fourth month
following your accounting closing date used for Income Tax purposes. The following exceptions apply:
● Initial return: The initial return is due based on your accounting closing date or December 31,
whichever comes first. For example, if you start operation in July, after your June accounting
closing date, you should file based on assets as of December 31.
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● Change in account closing date: When you change your accounting closing date within a
calendar year, you must file a return for each accounting closing date. The SCDOR will determine
the assessment from each return and use the highest assessment.
● Property sold after the seller's account closing date: The seller is required to file a return
based on the accounting closing date. The purchaser is not required to file a return as of the
purchaser's accounting closing date during the calendar year of the sale.
● Property sold before the seller's account closing date: An initial return is required by the
purchaser, based on the purchaser's accounting closing date or December 31, whichever comes
first, after the purchase of the property.
Which tax year return should I file?
Property taxes are based on the status of the property as of your accounting closing date for the
previous year. Your 2020 tax year return should be based on the 2019 accounting closing date. For
example, if you are filing a return based on your March 2019 accounting closing date, you should file
your tax year 2020 return by July 31, 2019.
Can I file my PT-300 online with MyDORWAY?
The fastest, easiest way to file your PT-300, Property Tax Return, is using our free online tax portal,
MyDORWAY. You can only use MyDORWAY to file initial returns and returns beginning with tax year
2020. Managing your South Carolina tax accounts is easy on MyDORWAY, and tutorials are available
to help� Visit dor.sc.gov/mydorway-signup to get started. For more information and to view video
tutorials, visit dor.sc.gov/MyDORWAY�
Are extensions allowed?
Extensions are not allowed for filing Property Tax returns. Extensions granted for Income Tax purposes
do not apply to Property Tax returns�
Are amended returns accepted?
Yes, in accordance with SC Code Section 12-37-975 and 12-54-85(F)(1). Amended returns may be
accepted or rejected if filed after the due date. Claims for refunds must be filed within three years
of return being filed or two years of being paid. Amended returns filed after the due date may be
accepted or denied at the SCDOR's discretion.
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Classification Guidelines
Property Requirements
Use the guidelines described below to determine the correct plant/operation schedule to file based on
ownership, location, and use of the property. All properties reported on this return fall into one of the
following categories:
1� Manufacturing or Mining Properties: LOCATED ON the premises of or contiguous to the plant
site
2� Non-Contiguous Manufacturing or Mining Properties: NOT LOCATED ON the premises of or
contiguous to the plant site
3� Leased Utility and Transportation for Hire: All real and personal property used or leased to:
■ Utility companies, including water, heat, light, solar, power, telephone, cable television, and
sewer companies
■ Transportation for hire companies, including railway, private carline, airline, and pipeline This
category excludes property owned by utility companies.
4� Other Properties: All real and personal property NOT owned, used, or leased by a manufacturer,
miner, or utility company.
Use the property classification breakdown below to determine the correct schedule to file. If you have
a Multiple Property Classification, you should file the appropriate schedule for each classification. If
multiple classifications fall under the same schedule, report all assets on one schedule unless told
otherwise by the SCDOR.
List of Schedules
Schedule A: Manufacturing or Mining
All real and personal property owned or leased by a manufacturer or miner located on the premises
of or contiguous to the plant site. Includes warehouses used for storage of raw materials, equipment,
supplies, or for any manufacturing-related process or support function. A facility qualifying for
exemption under SC Code Sections 12-37-220(A)(7) and 12-37-220(B)(52).
Schedule B: Non-Contiguous Manufacturing
All real and personal property owned or leased by a manufacturer or miner NOT located on the
premises of or contiguous to the plant site (may include office facilities that are not located on the
premise of the plant site). A facility qualifying for exemption under SC Code Section 12-37-220(B)(52).
Schedule C: Manufacturing Research and Development
A facility classified by the SCDOR as a facility used by the manufacturer and devoted directly and
primarily to research and development. A facility qualifying for exemption under SC Code Sections 12-
37-220(B)(34) and 12-37-220(B)(52).
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Schedule D: Manufacturing Corporate Headquarters Distribution Facility
A facility classified by the SCDOR as a facility used by the manufacturer and is devoted directly and
primarily to being a corporate headquarters or a wholesale distribution center. A facility qualifying for
exemption under SC Code Sections 12-37-220(B)(32) and 12-37-220(B)(52) .
Schedule E: Leased Utility
Real or personal property used by Water, Heat, Light, Solar, Power, Telephone, Cable Television, and
Sewer Companies�
Schedule F: Leased Transportation for Hire
Real or personal property used by Railway, Private Carline, Airline, and Pipeline Companies.
Schedule G: Fee in Lieu of Tax Supplemental
Sent to the county auditor where the Fee in Lieu of Tax (FILOT) project is located when the PT300 is
filed with the SCDOR. Each Schedule S or Schedule T should have an accompanying Schedule G.
Schedule J: Non-Manufacturing Research and Development
A facility classified by the SCDOR as NOT used by the manufacturer and devoted directly and primarily
to research and development. A facility qualifying for exemption under SC Code Section 12-37-220(B)
(34).
Schedule K: Non-Manufacturing Corporate Headquarters Distribution Facility
A facility classified by the SCDOR as NOT used by the manufacturer and devoted directly and primarily
to being a corporate headquarters or a wholesale distribution center. A facility qualifying for exemption
under SC Code Section 12-37-220(B)(32).
Schedule L: Manufacturing Warehouse
Real property used primarily for the warehouse of finished goods.
Schedule S: Manufacturing Fee in Lieu of Tax
Manufacturing properties assessed under Fee in Lieu of Tax (FILOT) agreements in accordance with SC
Code Sections 4-12-30, 4-29-67, 4-29-69, and 12-44.
Schedule T: Non-Manufacturing Fee in Lieu of Tax
Non-manufacturing properties assessed under Fee in Lieu of Tax (FILOT) agreements in accordance with
SC Code Sections 4-12-30, 4-29-67, 4-29-69, and 12-44.
Schedule X: Improvement Schedule
A breakdown of improvements for each plant/operation. Each plant/operation should have its own
Schedule X.
Schedule Z: Lease Schedule
Report of all leases not previously reported�
The codes and regulations mentioned above are available at dor.sc.gov/policy�
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Property Tax Definitions
Real and Personal Property
SC Code of Regulations 117.1700.1 provides definitions of both real and personal property. Land,
buildings, items of property primarily used for those lands and buildings, and all other property that has
traditionally been considered real property are defined as real property� All other items of property are
defined as personal property�
More information can be found at dor.sc.gov/policy/index/sc-codes-regulations�
For tax purposes, the following items listed below for land and building improvements should be
classified as real property:
Land Improvements
Land improvements include:
● Bridges ● Piling and mats for improvement of site
● Culverts ● Private roads
● Dams ● Reservoirs
● Ditches and canals ● Retaining walls
● Drainage ● Sanitary and fire protection
● Dikes ● Storm and sanitary sewers
● Fencing ● Viaducts
● Fixed river, lake, or tidewater wharves and ● Walls forming storage yards or fire
docks protection dikes
● Paved areas ● Water lines for drinking
● Permanent standard guage railroad
trackage, bridges, and trestles
Building Improvements
Building improvements include:
● Areaways ● Partitionsv
● Building elevators and escalators ● Plumbing and drinking water
● Fixed fire protection ● Roof
● Floors ● Sanitation
● Foundations ● Systems for heating and air conditioning
● Insulation ● Stairways
● Lighting ● Ventilation
● Loading/unloading platforms and canopies ● Walls
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Miscellaneous Items
Below is a list of items identifying if they are real or personal property. This list is not inclusive.
● Air conditioning - building air conditioning, ● Coolers - portable walk-in coolers - Personal
including refrigeration equipment, for ● Cooling towers-primary use of manufacture
comfort of occupants - Real - Personal
● Air conditioning - window units and ● Cooling towers - primary use for building -
package units - Personal Real
● Air conditioning - for special process to ● Crane - moving crane - Personal
maintain controlled temperature and ● Crane runways, including supporting
humidity - Personal columns or structure - inside or outside of
● Aircraft - Personal building - Real
● Aluminum pot lines - Personal ● Crane runways-bolted to or hung on tresses
● Ash handling system, pit and - Personal
superstructure (see Boilers) ● Dock levelers - Personal
● Asphalt mixing plant - Personal ● Drying rooms structure - Real
● Auto-call and telephone system - Personal ● Drying rooms heating systems - Personal
● Automobile - Personal ● Dust catchers - Personal
● Bins permanently affixed for storage - Real ● Farm equipment - Personal
● Boats - Personal ● Fire alarm system - Personal
● Boilers for service of building - Real ● Fire walls - masonry - Real
● Boilers for service of building and ● Foundations for machinery and equipment
manufacture with primary use for - Personal
manufacture - Personal ● Furniture and fixtures of commercial
● Booths for welding - Personal establishments and professional - Personal
● Bucket elevator - open or enclosed ● Gasoline tanks - (see Tanks)
(including casing) - Personal ● Greenhouse - Real
● Bulkheads - making additional land area to ● Greenhouse - benches and heating system
be assessed with as part of the improved - Personal
land - Real ● Gravel plant - machinery and equipment -
● Building - special constructed building - Real Personal
● Cistern - Real ● Hoist pits - (see Pits)
● Coal handling systems (see boilers) ● Houses and sheds - portable or on skids -
● Cold storage - built-in cold storage rooms - Personal
Real ● Inventory of merchants - Personal
● Cold storage refrigeration equipment - ● Kilns - lumber drying kiln structure - Real
Personal ● Kilns - concrete block drying kiln structure
● Control booth - Personal - Real
● Conveyor or housing, structure or tunnels ● Kilns - circular down draft (beehive) - Real
- Real ● Kilns - heating or drying system - Personal
● Conveyor unit including belt and drives - ● Laundry steam generating equipment -
Personal Personal
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● Lighting-yard lighting - Real ● Stacks - steel servicing personal property
● Lighting-special purpose - Personal units or a process - Personal
● Lighting - service stations (except bldg.) - ● Steam electric generating plant and
Personal equipment - Personal
● Mixers and mixing houses - Personal ● Stone crushing plant, machinery and
● Mobile homes - Real equipment - Personal
● Monorail crane runways - Personal ● Storage bins, small portable - Personal
● Motors, outboard and inboard boat - ● Storage facilities, permanent, of masonry
Personal or wood - Real
● Movable structures - Personal ● Storage vaults and doors, including bank
● Ore bridge foundation - Real vaults and doors - Real
● Ovens-processing - Personal ● Substation building - Real
● Piping - process piping above or below ● Substation equipment - Personal
ground - Personal ● Tanks - all storage tanks above or below
● Pits for equipment or processing - Personal ground - Real
● Power lines and auxiliary equipment - ● Tanks - used as a manufacturing process -
Personal Personal
● Pumps and motors - Personal ● Tanks - underground gas tanks at service
● Pump house (including substructure) - Real station - Personal
● Racks and shelving (portable or removable) ● Tipples Structure - Personal
- Personal ● Towers - transmission - Personal
● Ready-mix concrete plant - Personal ● Towers - TV or radio broadcasting - Personal
● Recreational vehicles - Personal ● Trucks - Personal
● Refrigeration equipment (see Air ● Tunnels - Real
conditioning) - Personal ● Tunnels - waste heat or processing -
● Sanitary system - Real Personal
● Scale houses - Real ● Unit heaters - Real
● Scales - truck or railroad scales, including ● Unloader runway - Real
pit - Real ● Vaults, bank - Real
● Scales - dormat scales - Personal ● Ventilating - Real
● Silos - all storage silos - Real ● Ventilating system for manufacturing
● Silos - containing a manufacturing process - equipment - Personal
Personal ● Water lines- For process above or below
● Spray ponds - masonry reservoir - Real ground - Personal
● Spray ponds - piping and equipment - ● Water pumping station-building and
primary use classification sprinkler system structure - Real
- Real ● Water pumps and motors - PersonalWater
● Stacks - mounted on boilers (see Boilers) treating and softening plant building and
● Stacks - chimneys, concrete or masonry - structure - Real
Real ● Wells, pumps, motors and equipment -
● Stacks - steel-supported individually and Personal
servicing heating boilers - Real ● Wiring-power wiring - Personal
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Completing your Return and Schedules
PT-300 Instructions
Round all entries to the nearest dollar. You and your preparer must sign and date the return. Refer
to the Frequently Asked Questions section on page 3 of this document to determine when to file. You
must complete all sections on the return and schedules.
SID Suffix - Enter your Single Identification Number (SID) as assigned by the SCDOR. Use the entire SID
Suffix on all correspondence.
County - Enter the name of the county where the property is located.
Return Filing Status - Indicate the filing status of this return by selecting one of the options below:
● Initial Return: Filed your first calendar year in business based on your accounting closing date or
December 31, whichever comes first.
● Annual Return: Filed each calendar year after your initial return, based on your accounting
closing date.
● Amended Return: Filed to correct a previously-filed return. A three-year statute of limitations
exists for the abatement or refund of property taxes.
● Final Return: Filed after all operations have ended or the property is sold. The filing of a final
return will initiate a review of the property prior to closure. (Note: If still in operation on your
accounting closing date, the "annual" return filing status should be used.) If the final return is
the result of a change in ownership, complete the change in ownership section on the PT-300.
Also, complete the appropriate plant/operation schedule reporting the reason and the date of
occurrence.
● Return due to change in accounting closing date: Filed when you change your accounting
closing date within a calendar year. You must file a return for each accounting closing date. The
SCDOR will determine the assessment from each return and use the highest assessment. Only
the return reporting the new accounting closing date should be filed under this filing status. The
return for the original accounting closing date should be filed under the annual or initial filing
status�
Owner name and mailing address - Enter the property owner's name and mailing address. To update
the mailing address, mark the new address box on page 1 of the PT-300. Corporations should only
report name changes that have been recorded with the South Carolina Secretary of State's office
(SCSOS).
Name changes resulting from a change in ownership should be reported under Section E: Ownership
Changes�
The mailing address reported on this return will be used for all future correspondence issued by the
SCDOR and the county.
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Section A: Account Information
1� FEIN or SSN: Enter your FEIN or SSN.
2� Account closing date and Start up date: Enter your accounting closing date used for Income Tax
purposes (MM/YYYY) and the date that the operation started at this location (MM/DD/YYYY).
3� Property location: Enter the exact property location (street address, city, state, and zip).
4� Type of ownership: Select the ownership classification for the business.
5� Contact person: Enter the name of the contact person.
6� Contact phone: Enter the contact person's telephone number.
7� Contact email: Enter the contact person's email address.
8� Name used to file Income Tax return: If you are filing a Consolidated Income Tax return or filing
under another name for any other reason, enter the name used to file that return.
Section B: Names of Business Owner, General Partners, Officers, or Members
Provide the FEIN/SSN, Names/Titles, Home addresses, and % Ownership of the top 4 business owners,
general partners, officers, or members of the company.
Section C: Schedule Summary
Complete each schedule according to the appropriate plant/operation schedule instructions in this
document. Enter the schedule letter, schedule number, plant/operation name and the total gross cost
reported on each schedule. If you are no longer reporting assets on a schedule previously reported,
file the schedule stating the reason for no assets. Enter a zero for the total gross cost on the plant/
operation schedule and the schedule summary. If you are filing an initial return or adding new
schedules to an existing account, do not enter a schedule number. The SCDOR will assign a schedule
number as each operation is registered.
Additional Schedules:
Schedule X: Check when Schedule X is attached, reporting the breakdown of real property, leasehold,
and pollution control improvements.
Schedule Z: Check when Schedule Z is attached, reporting additional leases.
Section D: Associated Leases: Schedule Z Required
List the names of the companies that lease any assets to or from the company. Provide the details on
the Schedule Z.
Section E: Ownership Changes
If there has been a change in ownership of this facility, complete this portion of the return. The
purchaser of an existing facility should review SC Code Section 12-37-220(C) and the Application for
Exemption section on page 18 of this document. The seller and purchaser should refer to page 3 of this
document for due dates.
Signature and Date
You and your preparer (or an officer of the company) must sign and date all returns. Property Tax
returns must be mailed separately from the Income Tax return or any other type tax return filed with
the SCDOR�
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Schedules A, B, C, D, E, F, J, K, L, S, and T Instructions
You must provide a schedule for each plant/operation reporting the fixed assets at that location. Use
the classification guidelines to determine the correct schedule(s) for new operations. If the property
location has multiple operations that fall into more than one classification, you must file separate
plant/operation schedules for each. Ledgers, computer printouts, or fixed asset listings will not be
accepted in place of a schedule.
The items covered below are only required on schedules that specifically request them. For example,
net book value is only required on Schedules B, C, D, J, K, and T.
Schedule number
The schedule number is used to designate multiple schedules for a given classification of property.
When filing your initial return or adding a new schedule to an existing account, leave this area blank.
The SCDOR will assign a schedule number as each plant/operation is registered. Keep a record of the
schedule letter and number assigned to each plant/operation as a reference for future correspondence.
If you have multiple Fee in Lieu of Tax (FILOT) agreements, complete a separate schedule for each one.
Plant/Operation name
List the plant/operation name on each schedule when you file your return. The plant/operation name
must be unique for each taxpayer statewide. The name on each schedule should correspond to the
plant/operation name in the schedule summary on the PT-300. Space is limited to 40 alphanumeric
characters. Examples of plant/operation names are:
● Plant No 13
● Corporate Headquarters
● Smith Inc Fiber Plant Spartanburg
NAICS code
Enter your NAICS code.
Owner name
Enter the property owner's name as reported on the PT-300.
SID Suffix
Enter the SID Suffix as reported on the PT-300. If you are setting up a new account, the SCDOR will
assign the SID Suffix when the return is processed.
No Longer Reporting Any Assets
If you are no longer reporting any assets on a schedule, check the applicable reason and enter the
month and year of the occurrence. Then enter zero as the total gross cost on the schedule and in the
schedule summary on the PT-300.
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Property Listings
Enter the gross capitalized cost and net book value (when applicable) for all fixed assets by year of
acquisition. Each year listed represents the year when an accounting period ended. For example, the
year 2025 should include all assets acquired during the 2025 accounting year. The last year listed for
each property type should include all assets acquired for that year and all previous years.
Gross cost
The total cost of all fixed assets, including amortized costs and capitalized leases, interest, installation,
and labor as shown by your records for Income Tax purposes. Do not use depreciated values. This cost
must be the same cost as reported for Income Tax. The SCDOR applies depreciation for all taxable
properties in accordance with SC Code Section 12-37-930. Cost less depreciation applies to Schedules
A, E, F, L, and S.
Net book
The total cost of machinery and equipment, furniture and office equipment, less Income Tax
depreciation, as used for Income Tax purposes. No item should be depreciated more than 90%� See SC
Revenue Ruling #05-2 for State and Federal Tax Conformity and Exceptions. Net book values only apply
to Schedules B, C, D, J, K, and T.
Machinery and Equipment (Refer to Property Tax Regulation 117-1700.1 on page 7 of this document.)
Includes but not limited to: Does not include:
● Air conditioning - special process (not ● Inventory
employee comfort) ● Licensed vehicles
● Alarm systems ● Water, air pollution, and noise equipment
● Foundations for machinery and equipment required by state or federal government
● Leasehold improvement - classified as
personal property
● Machinery and equipmen
● Process related computer hardware and
software
● Special plumbing and electrical work
● Special purpose lighting
● Tools and dies
Furniture and Office Equipment
Includes but not limited to:
● Office furniture and equipment
● Non-process related computer hardware and software
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Real Property Improvement (Refer to Property Tax Regulation 117-1700.1 on page 7 of this document.)
Includes but not limited to:
● Air conditioning - employee comfort ● Partitions
● Canopies ● Railroads
● Elevators ● Retaining walls
● Fencing ● Roads
● Loading platforms ● Structural improvements
● Parking lots
Attach Schedule X to identify all new real property investments not previously reported.
Land
Includes the gross capitalized cost of all land acquisitions at the plant site. Enter the acreage associated
with each acquisition. Round all acreage to two decimal points. (For example, 1.75 acres, not 1 3/4
acres.) If acreage is not available, enter the number of lots.
Leasehold Improvements
Includes the gross capitalized cost of all real property improvements made by the lessee and should
be reported by the lessee. Any leasehold improvements considered as personal property by Property
Tax Regulation 117-1700.1 should be reported as machinery and equipment or furniture and office
equipment. Refer to Property Tax Regulation 117-1700.1 on page 7 of this document for a complete
listing. Attach Schedule X identifying all new leasehold improvements not previously reported.
Pollution
Includes the gross capitalized cost of all facilities or equipment of industrial plants which are designed
for the elimination, mitigation, prevention, treatment, abatement or control of water, air or noise
pollution, both internal and external, required by the state or federal government and used in
the conduct of their business. Attach Schedule X and a detailed list, identifying all new pollution
investments not previously reported. A copy of this list should be maintained at the plant site.
Vehicles
Includes the gross capitalized cost of all licensed vehicles registered or capitalized as a part of this
plant/operation. Licensed vehicles are taxed locally by the county and are not included in the SCDOR's
assessment�
Total Gross Cost Reported on this Schedule
Enter the total gross capitalized cost for all property types reported on this schedule. Do not include
net book values. Also, enter this total gross capitalized cost in Section C, Schedule Summary, on the PT-
300. You must include the schedule letter, schedule number, and plant/operation name associated with
the total�
Jobs Created
Applies to Schedule D and K only - Enter the number of new full-time jobs created for the current
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accounting year as of your accounting closing date. Refer to SC Code Section 12-37-220B(32) for more
information.
Applies to Schedules S and T only - Enter the total number of jobs (cumulative) at the project for the
current accounting year as of your accounting closing date. Refer to SC Code Sections 12-44-30(7),
4-29-67D(3)(4)(a), 4-12-30D(3)(4)(a) for more information.
Schedule G - Fee in Lieu of Tax Supplemental Instructions
All companies receiving the benefits of a Negotiated FILOT Agreement must complete a Schedule G.
Complete the Schedule G and send to the appropriate county auditor for the FILOT project in which the
Schedule S or Schedule T relates. For example, if you have a FILOT project in Spartanburg County and
filing a Schedule S, and a FILOT project in Cherokee County where you are filing a Schedule T, then you
should complete a Schedule G for both the Spartanburg Schedule S and the Cherokee Schedule T.
Owner name
Enter the property owner’s name as reported on the PT-300.
SID Suffix
Enter the SID Suffix as reported on the PT-300.
Schedule letter and number
Enter the Schedule letter and Schedule number from the associated plant/operation schedule.
Date of agreement
Enter the date of the Negotiated FILOT Agreement for the associated plant/operation schedule.
Plant location
Enter the property owner’s location address as reported on the PT-300.
Fair Market Value of Real Property
Enter the appraised value of the real property of the project.
Assessment Ratio for Real Property
Enter the ad valorem assessment ratio for the real property. This assessment ratio can be 6% to 10.5%,
depending on the nature of the business.
Total Assessed Value for Real Property
Multiply the fair market value of real property by the assessment ratio for real property.
Fair Market Value for Personal Property
Enter the fair market value of the personal property using the Income Tax basis less depreciation
allowable by law.
Total Assessed Value of Personal Property
Multiply the personal property fair market value by 10.5%, the assessment ratio for personal property.
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Signature Required
Sign the form to declare the information provided is correct and complete. Provide a printed name,
email, and phone number. If a preparer is completing the form on your behalf, the preparer should
complete this section.
Schedule X - Improvement Schedule Instructions
Each plant/operation reporting real, leasehold, or pollution control improvements not reported in
previous years must complete Schedule X. Attach Schedule X and a detailed list of pollution control
improvements behind the associated plant/operation schedule.
Owner name
Enter the property owner's name as reported on the PT-300.
SID Suffix
Enter your SID Suffix as reported on the PT-300.
Schedule letter and number, Plant/Operation name
Enter the schedule letter, the schedule number, and the plant/operation name from the associated
plant/operation schedule.
Real Property Improvements
Enter the investments for all new buildings, improvements, or additions to existing buildings and all
land or site improvements not previously reported in the categories provided. Use the Other category
for improvements that do not fit the categories provided.
Leasehold Improvements
Enter the leasehold investments not reported in previous years in the categories provided. Use the
Other category for any other investments.
Pollution Control Improvements
Enter the real and personal pollution control investments not reported in previous years in the
categories provided. Use the Other category for any other investments. Attach a detailed list identifying
all new pollution control investments. This list should be maintained at the plant site
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Schedule Z - Lease Schedule Instructions
Schedule Z must be filed to report information on leases not previously reported. When Schedule Z
has been completed, include it with the submitted PT-300 or add it under attachments when filed on
MyDORWAY. Leases capitalized by the lessee for Income Tax purposes are not required to be listed on
Schedule Z. In this case, the lessee is considered the owner and should include the leased property as
assets on their PT-300�
Owner name
Enter the property owner's name as reported on the PT-300.
SID Suffix
Enter the SID Suffix as reported on the PT-300.
Schedule letter and number, Plant/operation name
Enter the schedule letter, schedule number, and the plant/operation name from the plant/operation
schedule associated with each lease.
Lessee/Lessor, FEIN/SSN, Address
Enter the lessee/lessor's name, FEIN/SSN, and mailing address.
Type property leased
Check the type of property being leased.
Property leased
Check the To or From box to indicate whether the property is leased to or from the lessee/lessor being
reported�
Lease start date
Enter the date that the lease started.
Annual Rent
Enter the annual rent paid or received
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Additional Forms
Application for Five-Year Exemption
Change in Ownership
The purchaser of an existing facility is required to obtain approval from the local county governing body
for an extension of the five-year partial exemption. The purchaser must submit a completed PT-444,
Five Year Exemption Extended To Unrelated Purchaser, to the SCDOR within the time stated by law
for applying for exemption for the existing facility that has been purchased. The PT-444 is available at
dor.sc.gov/forms�
New investments in real and/or personal property made after the purchase of the existing facility
may qualify for the exemption as an addition. This may require the filing of separate schedules for the
purchase of the existing facility and the additions. Separate schedules will only be necessary if the
county governing body denies your request for the extension of the five-year exemption. You must
file an application for exemption within three years of your timely-filed PT-300. For more information
regarding changes in ownership, see SC Code Sections 12-37-220(C), 12-37-220(A)(7), 12-4-720(A)(1),
and 12-54-85(F)(1).
Do not wait for the PT-444 to be accepted before filing your PT-300.
No Change in Ownership
Owners of existing facilities that have not been purchased within this reporting period are not required
to obtain approval from the local county governing body. The PT-300 and applicable schedules filed
within the time prescribed by law for filing an application for exemption is considered your application
for the partial exemption under SC Code Sections 12-37-220(A) (7),(A)(8), (B)(32), and (B)(34).
Application for Warehousing and Wholesale Distribution
To request a special assessment of warehousing, you must file a PT-465, Application for Finished Goods
Warehouse & Wholesale Distribution Facilities, with the SCDOR by July 1 of the tax year for which you
are requesting the special classification. The PT-465 is available at dor.sc.gov/forms�
See SC Code Sections 12-43-220 (a)(4) for qualifications and application procedures.
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Application for Idle Property
To request property be considered Idle Property and receive the exemption, you must reach out
to the SCDOR to request a site inspection. Contact the SCDOR at 803-898-5055 or email us at
Manufacturing.Propertytax@dor.sc.gov�
12-37-900 (Second Paragraph): A manufacturer not under a fee agreement is not required to
return personal property for ad valorem tax purposes if the property remains in South Carolina at a
manufacturing facility that has not been operational for one fiscal year and the personal property has
not been used in operations for one fiscal year. The personal property is not required to be returned
until the personal property becomes operational in a manufacturing process or until the property has
not been returned for ad valorem tax purposes for four years, whichever is earlier. A manufacturer must
continue to list the personal property annually and designate on the listing that the personal property is
not subject to tax pursuant to this section.
Contact Information
Mail the PT-300 Return and Schedules to:
SCDOR, Manufacturing Section, Columbia, SC 29214-0302
Mail correspondence to:
SCDOR, Manufacturing Section, PO Box 125, Columbia, SC 29214-0740
Questions? We're here to help!
Call us at 803-898-5055 or email Manufacturing.Propertytax@dor.sc.gov�
SCDOR Taxpayer Service Centers are located across the state. Visit dor.sc.gov/contact/in-person for
locations and hours.
To contact the Association of Counties, visit sccounties.org�
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Reminders
File online with MyDORWAY
Filing online is faster and more accurate.
The fastest, easiest way to file your PT-300, Property Tax Return, is using our free online tax portal,
MyDORWAY. You can only use MyDORWAY to file initial returns and returns beginning with tax year
2020. Managing your South Carolina tax accounts is easy on MyDORWAY, and tutorials are available
to help� Visit dor.sc.gov/mydorway-signup to get started. For more information and to view video
tutorials, visit dor.sc.gov/MyDORWAY�
Property Tax Timetable
● Return Due Date: Returns are due by the last day of the fourth month following your accounting
closing date.
● Notice of Assessment: Taxpayers are notified of assessments and exemptions in August of each
year�
● Tax Bills: Assessments are furnished to counties, local millage rates are applied, and tax bills are
issued�
● Appeal Period: Must be filed within 90 days from the date on the PT-310, Property Assessment
Notice.
Checklist
Check the following items before mailing in your return:
● SID Suffix number is included on all forms.
● Schedule Summary is completed with information from attached schedules.
● Schedule X is attached to the associated schedule.
● Schedule Z is attached after page 2 of the PT-300.
● Pollution detail list is attached to the associated schedule with a copy maintained at the plant
site�
● Returns are signed by you and your preparer.
Under the provisions of SC Code Section 12-4-340 of the 1976 code of laws, any outstanding liabilities
due and owed to the SCDOR for more than six months may be assigned to a private collection agency
for collecting actions.
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