Amend the bill, as and if amended, page 4, by striking line 15 and inserting:
/ with that state.
(E)(1) A taxpayer to whom this section applies shall, at the time of purchase, notify purchasers from South Carolina that sales or use tax is due on all purchases made from the taxpayer and that the Department of Revenue requires the purchaser to pay the sales and use tax due.
(2)(a) Annually, no later than January thirty-first, a taxpayer to whom this section applies must send to each purchaser from South Carolina a form that contains the amount paid by the purchaser for products purchased from the taxpayer during the previous calendar year.
(b) The form shall state that the Department of Revenue requires the purchaser to pay sales and use tax on the purchases made by the purchaser from the taxpayer during the previous calendar year.
(c)(i) The form shall be sent separately to all South Carolina purchasers by first class mail and may not be included with any other shipments.
(ii) The envelope in which the form is sent must include the words: 'Important Tax Document Enclosed'.
(iii) The form shall contain the name of the taxpayer.
(3) Annually, no later than March first, a taxpayer to whom this section applies must file an annual statement with the Department of Revenue for each South Carolina resident that made purchases from the taxpayer. The statement must summarize the total purchases made by the South Carolina resident during the preceding calendar year. The statement filed with the department must be on a form and in such a manner as prescribed by the department. The department may allow for electronic filing.
(4) A taxpayer to whom this section applies who does not:
(a) provide the notice required in item (1) must be fined five dollars for each instance where the notice is not provided, unless the taxpayer shows reasonable cause for failing to timely provide the notice;
(b) timely provide the notice required in item (2) must be fined five dollars for each instance where the notice is not provided, unless the taxpayer shows reasonable cause for failing to timely provide the notice; and
(c) timely file the annual statement required in item (3) must be fined ten dollars for each purchaser that was omitted from the filing, unless the taxpayer shows reasonable cause for failing to timely file the annual statement." /
Renumber sections to conform.
Amend title to conform.