Tax Credits for Rehabilitation of South Carolina Abandoned Textile Mills: What Expenses Qualify for Determining the Credit?
The textile industry dominated South Carolina manufacturing starting in the post-Civil War area, but largely collapsed in the late 20th century. A result was the abandonment of many former textile mill sites, resulting in blight. In 2008, South Carolina began to incentivize the rehabilitation and development of these sites by passage of the South Carolina…
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