Corporations locating in South Carolina's Hunter Industrial Park will be taxed at a rate of five percent of their net income derived from business activity within the state. South Carolina has no state property tax on real or personal property (however, local taxes still apply).

   In addition, other financial benefits of locating in Hunter Industrial Park include:

• No inventory tax
• No intangibles tax
• No unitary tax on worldwide profits
• No sales tax on manufacturing production machinery, repair parts, industrial electricity and fuels or materials that become part of the finished product.
• No property or sales tax on pollution control equipment
• No value-added tax
• No wholesale tax
• Five-year jobs tax credit with a 15-year carry-forward with minimum of 10 new jobs
• A five-year exemption from property taxes (exemption does not apply to school taxes) for all new manufacturing establishments investing $50,000 or more
• Negotiated fee-in-lieu of property taxes for companies which make a minimum capital investment of $5 million (See Incentives and Benefits.)
• Rural Development Act creates negotiated fee-in-lieu in certain areas to as low as 4% assessment ratio (See Incentives and Benefits.)
• Eligible for multi-county park status