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South Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

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. TAX INCENTIVES. Unused credits can be carried forward up to five years.

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South Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

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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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The Internet company received a $2-million incentive package (tied to job-creation commitments) for its relocation to the 100,000-square-foot office. Saveology’s move to Margate will add 700 jobs to its operation.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

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COVID-19 Liability for Building Owners

Green Building Law Update

Over time coronavirus pandemic exposure claims may result in a new emergent subset of premises liability case law and in a number of jurisdictions new statutes are already limiting liability, but in most instances it is presumed the longstanding body of premises liability law will control.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

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