Job Tax Credit (South Carolina)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place South Carolina

Applies to States or Provinces South Carolina
Name Job Tax Credit (South Carolina)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator South Carolina Department of Commerce
Primary Website

Last Review 2014-09-15


The Job Tax Credit (JTC) is a statutory incentive offered to companies, both existing and new, that create new jobs in the state. The credit is available to companies that establish or expand corporate headquarters, manufacturing, distribution, processing, qualified service-related, research and development facilities. This credit is extremely beneficial for companies, because it is a credit against corporate income taxes, which can eliminate 50% of a company's liability.

Policy Contact

Department South Carolina Department of Commerce
Address 1201 Main Street, Suite 1600
Place Columbia, South Carolina
Zip/Postal Code 29201-3200
Phone (803) 737-0400
Phone 2 (800) 868-7232