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South Carolina Incentives and Workforce Development Guide

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For a list of South Carolina economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. This formula is advantageous for a company whose majority of sales occurs outside South Carolina. A negotiated FILOT could lower the assessment ratio from 10.5%

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South Carolina Incentives and Workforce Development Guide

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The updated South Carolina incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of South Carolina economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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Fred Crawford with the Chilton County Industrial Development Board (IDB) said Chilton County is honored to have its first AdvantageSite, and said the site designation is a result of the teamwork between Central Alabama Electric Cooperative, the Chilton County IDB and Sain Associates. “We Toray views the U.S.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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FEATURE STORY: 2013 Economic Development Awards

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The overall BR&E program brings together representatives of the City, the County, Lincoln Electric System, Black Hills Energy and the State of Nebraska. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability.

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