Centex International, Inc. v. South Carolina Department of Revenue

I respectfully dissent. In my view the ALC erred in concluding that Appellant’s corporate affiliates were not eligible to claim infrastructure tax credits pursuant to section 12-6-3420 of the South Carolina Code. I would reverse and remand.

Section 12-6-3420 provides, in pertinent part:

(A) A corporation may claim a credit for the construction or improvement of an infrastructure project against taxes due under Section 12-6-530 or Section 12-11-20 for:

*152(1) expenses paid or accrued by the taxpayer;(2) contributions made to a governmental entity; or(3) contributions made to a qualified private…