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How much does a liquor license cost in South Carolina? License NameCostLinkLiquor License$300 - $1000South Carolina Department of Revenue

The root cause of this issue harks back to 2017 when lawmakers in South Carolina passed a law mandating that businesses holding liquor licenses must secure a minimum of one million dollars worth of coverage. Aylard said under the law, even if a bar is 1% at fault, they can be held responsible for $1 million.

​ What is the tax on liquor by the drink? ​​ The liquor by the drink licensee must collect an excise tax equal to 5% of the gross proceeds of the sales of liquor by the drink and remit it to the SCDOR. It does not matter if the liquor is poured from a minibottle or from a big bottle.

Liquor License in South Carolina This license is required for any type of business to sell and serve alcohol to its patrons. Since alcohol has an incredibly high markup and a long shelf life, it's often beneficial from a profit standpoint to sell alcohol.