South Carolina Angel Investor Tax Credit
If you are an entrepreneur in South Carolina or considering making an investment in a SC company, you need to know about the SC angel investor tax credit.
And you need to know about it before you seek investment or make an investment.
You can learn all about the credit here. You should also definitely consult your tax advisors.
If you have a credit but can't use it (because you have no SC income tax liability), VentureSouth is happy to assist you to monetize it. Please contact us if you would like assistance.
North Carolina Angel Investor Tax Credit
Until the simplification of its tax code in 2013, North Carolina had a similar credit (of 25% of the value of the relevant investment). Unfortunately, North Carolina is now one of the few states that do not have a credit to encourage angel investment.