South Carolina Statutes
§ 41-44-20 — Taxpayer credit.
[This section is repealed upon certification that remaining investments of private sector limited partners have been liquidated. See Editor's Note at the beginning of this Chapter.] A taxpayer is entitled to a credit for qualified investments in the Palmetto Seed Capital Corporation or the Palmetto Seed Capital Fund Limited Partnership as determined under Section 12-6-3430.
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South Carolina § 41-44-20 (Taxpayer credit.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1988 Act No. 643, SECTION 2, eff June 7, 1988; 1995 Act No. 76, SECTION 18, eff for taxable years beginning after 1995. Effect of Amendment The 1995 amendment rewrote this section.
Nearby Sections
10
§ 41-44-10
Definitions.§ 41-44-100
Forms.§ 41-44-20
Taxpayer credit.§ 41-44-40
Credit carryover.§ 41-44-50
Maximum amount of credits allowed.§ 41-44-70
Tax exemptions.§ 41-44-80
Redemption of qualified investment.§ 41-44-90
Procedure to receive tax credit.