State Tax Collections: T51 Documentary and Stock Transfer Taxes for South Carolina
This dataset tracks state tax collections: t51 documentary and stock transfer taxes for south carolina over time.
Latest Value
65.00
Year-over-Year Change
35.42%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures documentary and stock transfer tax collections in the state of South Carolina. It provides insights into state tax revenue and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T51 Documentary and Stock Transfer Taxes for South Carolina tracks the total tax revenue collected by the state from documentary and stock transfer taxes. This data is useful for economists and policymakers to analyze trends in economic transactions and assess the state's fiscal health.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax collection agencies.
Historical Context
This trend is relevant for understanding state-level economic conditions and informing tax and fiscal policy decisions.
Key Facts
- South Carolina collected $58.3 million in documentary and stock transfer taxes in 2021.
- Documentary taxes account for the majority of this revenue stream.
- Tax collections in this category have fluctuated with broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by the state of South Carolina from documentary and stock transfer taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into state-level economic activity and can inform tax and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government tax collection agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trends in economic transactions and assess the state's fiscal health.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and the data may not capture all economic activity within the state.
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Citation
U.S. Federal Reserve, State Tax Collections: T51 Documentary and Stock Transfer Taxes for South Carolina (QTAXT51QTAXCAT3SCNO), retrieved from FRED.