Form Sc Sch.tc 4 - New Jobs Credit Page 5
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9"Qualifying service-related facility" means:
a.
an establishment engaged in an activity or activities listed under the North American Industry Classification System
Manual (NAICS) Section 62: subsectors 621 (ambulatory health care), 622 (hospitals), and 623 (residential care
facilities); or
b.
a business, other than a business engaged in legal. accounting, banking, or investment services (including NAICS
Section 65 management of companies and enterprises) or retail sales, which has a net increase of at least:
1.
175 jobs at a single location;
2.
150 jobs at a single location comprised of a building or portion of a building that has been vacant for at least 12
consecutive months prior to the taxpayer's investment;
3.
100 jobs at a single location and the jobs have an average cash compensation level of more than one and one-half
(1.5x) times the lower of state per capita income or per capita income in the county where the jobs are located;
4.
50 jobs at a single location and the jobs have an average cash compensation level of more than twice (2x) the
lower of state per capita income or per capita income in the county where the jobs are located; or
5.
25 jobs at a single location and the jobs have an average cash compensation level of more than two and one-half
(2.5x) times the lower of state per capita income or per capita income in the county where the jobs are located.
A taxpayer must use the most recent per capita income data available as of the end of the tax year in which the jobs
are filled.
"Technology intensive facility" means a facility at which a firm engages in the design, development, and introduction
of new products or innovative manufacturing processes, or both, through the systematic application of scientific and
technical knowledge. It can be any of these NAICS Codes: 5114 database and directory publishers, 5112 software
publishers, 54151 computer systems design and related services, 541511 custom computer programming services,
541512 computer systems design services, 541711 (2007 NAICS) research and development in biotechnology; 541712
(2007 NAICS) research and development in physical, engineering, and life sciences; 518210 data processing, hosting,
and related services, 9271 space research and technology; or a facility primarily used for one or more activities listed
under NAICS Code 51811 (2002) (internet service providers and web search portals).
"Extraordinary retail establishment" means a single store located in South Carolina within two miles of an interstate
highway or in a county with at least 3,500,000 visitors a year. It must be a destination retail establishment with at least
2,000,000 visitors a year, and with at least 35% of them traveling at least 50 miles to the establishment. It must have a
capital investment of at least $25,000,000 including land, buildings and site preparation costs. It must have one or more
hotels built to service the establishment within three years of occupancy. It must have a certificate of occupancy after
July 1,2006. The Department of Parks, Recreation and Tourism determines and annually certifies who qualifies as a
extraordinary retail establishment and its judgment is conclusive.
LINE INSTRUCTIONS
Year 1 is the taxable year of new jobs increase and prior year is the preceding taxable year.
Line 1: Total employees is the total of full time employees subject to South Carolina withholding in the applicable county
at the end of each month of the taxable year.
Line 2: Number of months of operation in each taxable year.
Line 3: Monthly average (Line 1 divided by Line 2). Round down to the nearest whole number.
Line 4: Enter the monthly average of full time employees from the preceding year column of Line 3.
Line 5: Subtract Line 4 from Line 3. Enter an average decrease as a negative number.
Lines 6 through 11
CAUTION: No credit is allowed for the current year or any subsequent year that the net employment increase falls below
the minimum level. If the number of jobs reported on Line 3 for any year does not exceed the number of jobs reported in
the "Prior Year" column of Line 3 by the required minimum, then no credit is allowed. (The amounts entered on Line 6
through 11 for that "year" column must be 0.)
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