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RESOLUTION No. ___A RESOLUTION DESIGNATING AND APPROVING A SPONSOR AFFILIATE IN SATISFACTION OF THE REQUIREMENTS OF TITLE 12, CHAPTER 44 OF THE SOUTH CAROLINA CODE, To ALLOW THE SPONSOR AFFILIATE
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Who needs fee-in-lieu of ad valorem?
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Property owners who meet certain criteria set by local governments may opt to pay a fixed fee instead of ad valorem taxes on their property.
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What is fee-in-lieu of ad valorem?
Fee-in-lieu of ad valorem is a payment made in place of property taxes.
Who is required to file fee-in-lieu of ad valorem?
Businesses or individuals who qualify for the fee-in-lieu program.
How to fill out fee-in-lieu of ad valorem?
The fee-in-lieu form must be completed accurately and submitted to the appropriate tax authority.
What is the purpose of fee-in-lieu of ad valorem?
The purpose is to provide an alternative tax payment option for eligible businesses.
What information must be reported on fee-in-lieu of ad valorem?
Details about the property, business activities, and financial information.
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