South Carolina Code 12-28-1110. Terminal operator’s license; fee
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Terms Used In South Carolina Code 12-28-1110
- Supplier: means a person who meets all the following conditions:
(i) is subject to the general taxing jurisdiction of this State;
(ii) is registered under Section 4101 of the Internal Revenue Code for transactions in taxable motor fuels in the bulk transfer/terminal distribution system; and
(iii) is one of the following:
1. See South Carolina Code 12-28-110 - Terminal: is a storage and distribution facility for motor fuel subject to the user fee, supplied by pipeline or marine vessel, which has been registered as a qualified terminal by the Internal Revenue Service. See South Carolina Code 12-28-110
- Terminal operator: is a person who owns, operates, or otherwise controls a terminal and does not use a substantial portion of the motor fuel subject to the user fee that is transferred through or stored in the terminal for its own use. See South Carolina Code 12-28-110
Each terminal operator other than a supplier licensed under § 12-28-1100 engaged in business in this State as a terminal operator first shall obtain a terminal operator’s license for each terminal site. The fee for each terminal operator’s license is three hundred dollars.