South Carolina Angel Investor Tax Credit
PSA: We are collecting data in support of an extension of the SC Angel Investor Tax Credit, which currently expires in 2019. If you have participated in the tax credit program as an investor or entrepreneur, please take our short survey to help us gather feedback on use of the credits. Click the appropriate survey link below:
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.