distribution
Port volume increase tax credit
This credit against income taxes or withholding taxes is for entities that use state port facilities and increase base port cargo volume by 5% over base-year totals.
Job tax credit
A statutory tax credit available to qualifying new and expanding companies that create and maintain net new full-time jobs in South Carolina. Credit value varies based on the number of jobs created and the county where they are located.
Discretionary grants
Discretionary grant funding supports economic development projects such as road improvements, water and sewer infrastructure and other infrastructure needs related to economic development projects.
5-year property tax abatement
Qualifying manufacturers, research and development facilities, distribution facilities and corporate headquarters operations may receive a five-year exemption from county operating property taxes on eligible investments.
