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.
For more information on this or other state and local tax matters, contact our SALT team.