Books-A-Million, Inc. v. South Carolina Department of Revenue

Summary

The South Carolina Supreme Court affirmed the Court of Appeals, holding that Books‑A‑Million’s Millionaire’s Club membership fees are subject to the state sales tax because the fees constitute “value proceeding or accruing from” the sale of tangible personal property. The Court applied a de novo review of the statutory language and rejected the taxpayer’s argument that the membership fee is untaxable.