{"data":{"id":"us-sc/s.c.-code-ann.-12-6-3362","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 12-6-3362","heading":"Small business jobs tax credit; alternate method.","body":"(A) A taxpayer eligible, pursuant to Section 12-6-3360(C)(2), for the jobs tax credits allowed pursuant to Section 12-6-3360 may elect to claim the applicable credit in the manner provided pursuant to subsection (B) of this section rather than as provided in Section 12-6-3360(C)(2).\n(B) Beginning with the year the new full-time jobs are created, the taxpayer is allowed a jobs tax credit in an amount equal to the credit amount calculated pursuant to Section 12-6-3360(C)(2) for not more than five consecutive years. A credit is not allowed for a year in which the new full-time job increase falls below the minimum level of two.\n(C) Except where altered by subsection (B) of this section, the provisions of Section 12-6-3360 are incorporated into this section.","path":["Title 12 - TAXATION","CHAPTER 6 South Carolina Income Tax Act","ARTICLE 25 Credits"],"source_url":"https://www.scstatehouse.gov/code/t12c006.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:34:54Z","sha256":"48d21c34d1c25ba0fb694f44a27da5cacfb6bb2198065b719461bec6b2eeaa30","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-12-6-3360","next":"us-sc/s.c.-code-ann.-12-6-3367"},"notice":"GroundRules: Original legal text. Not legal advice."}