Companies establishing a new or expanding an existing location in South Carolina may be able to take advantage of the state’s many tax credits and incentives. To the extent a company is eligible, these credits may provide the opportunity to potentially eliminate a company’s South Carolina income tax liability immediately or to carry forward for use in future years.
Elliott Davis had prepared a downloadable resource that details the incentives available for companies located in South Carolina.
Download here
For more information on this or other state and local tax matters, contact our SALT team.
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