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September 21, 2021
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State Tax Credits and Incentives - South Carolina

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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.

“Elliott Davis" is the brand name under which Elliott Davis, LLC (doing business in North Carolina and D.C. as Elliott Davis, PLLC) and Elliott Davis Advisory, LLC and its subsidiary entities provide professional services. Elliott Davis, LLC and Elliott Davis Advisory, LLC and its subsidiary entities practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Elliott Davis, LLC is a licensed independent CPA firm that provides attest services to its customers. Elliott Davis Advisory, LLC and its subsidiary entities provide tax and business consulting services to their customers. Elliott Davis Advisory, LLC and its subsidiary entities are not licensed CPA firms. The entities falling under the Elliott Davis brand are each individual firms that are separate legal and independently owned entities and are not responsible or liable for the services and/or products provided by any other entity providing services and/or products under the Elliott Davis brand. Our use of the terms “our firm” and “we” and “us” and terms of similar import, denote the alternative practice structure conducted by Elliott Davis, LLC and Elliott Davis Advisory, LLC.

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