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Tag Archives: Amazon
Commerce: Amazon Exemption Won’t Cost State Tax Revenue
The state sales tax exemption granted to Internet retail giant Amazon will not result in any loss of tax revenue to South Carolina, if you ask the S.C. Department of Commerce. Continue reading
Posted in General Assembly, Incentives, State Agencies, Taxes
Tagged Amazon, amazon.com, state sales tax
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Taxpayer Price Tag for Amazon Climbs to $61 Million
A state cost-benefit analysis projects that the deal to bring Internet retail giant Amazon to South Carolina will cost taxpayers nearly $61 million over 10 years – about $21.5 million more than was originally estimated. And the revised analysis doesn’t … Continue reading
Lexington Pats Itself on the Back over Amazon
Lexington County Jimmy Jeffcoat says during a recent county council meeting that Amazon.com received one of the smallest incentives packages the county has ever given to a compan of that size. Jeffcoat takes the occasion to sing Amazon’s praises, going on to say that not only will Amazon be bringing 2,000 jobs to Lexington County but an additional 4,500 spinoff jobs. Continue reading
Amazon Tax Break Heading to S.C. Supreme Court?
A government watchdog organization wants to add a just-enacted state law granting Amazon a pass on collecting state sales tax to a lawsuit before the S.C. Supreme Court challenging dozens of sales tax exemptions. The South Carolina Public Interest Foundation … Continue reading
Posted in Incentives, State Agencies, Taxes
Tagged Amazon, Cam Lewis, Dick Harpootlian, Rep. Shannon Erickson, state sales tax
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Bill Seeks Disclosure of Amazon-Like “Promises”
A group of Midlands legislators is pushing a new bill designed to spare the General Assembly from facing another Amazon-like saga. The proposed law would apply to state and local officials who try to incentivize a company to expand or … Continue reading
Posted in Accountability, General Assembly, Incentives, Transparency
Tagged Amazon, amazon.com, General Assembly, Rick Quinn
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Who Broke a Promise on the Amazon Deal?
South Carolinians, especially in the Midlands, have heard a lot about Amazon.com closing the window on a distribution center project in Cayce last week because the state supposedly failed to deliver on a promised sales tax collection exemption. Continue reading
The Amazon.com Saga: Heading to Court?
The battle over whether Amazon.com should be exempt from collecting sales taxes from South Carolinians could wind up in court if a bill introduced last week becomes law, says a leading S.C. tax attorney. Businesses opposed to the bill (S. … Continue reading
$40 Million Taxpayer Gift to Amazon.com
Plans by Amazon.com to locate a retail distribution center in Lexington County will cost taxpayers an estimated $39.5 million over 10 years, according to a state financial impact analysis obtained by The Nerve. The analysis was included with state incentives … Continue reading
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