Burnie Maybank is a two-time former Director of the South Carolina Department of Revenue who now represents companies and organizations needing state and local tax (SALT), tax controversy and economic development incentives assistance.
He returned to Nexsen Pruet in 2006 after serving as Director of the South Carolina Department of Revenue under Governor Mark Sanford from 2003 through 2005. He also served in that position under Governor David Beasley from 1995 to 1999.
Burnie's practice includes:
•Economic Development incentives
•State and Local Tax
•Exempt Organizations and Charitable Giving, including Conservation Easements
•Alcohol Beverage Control
At the request of SC Senate Finance Chairman Hugh Leatherman, Burnie served as Chair of the S.C. Tax Realignment Commission (TRAC). The Commission was charged with submitting a comprehensive tax restructuring plan. That plan was submitted in 2010.
At the request of Senate President Pro Tempore Glenn McConnell, Burnie served on the South Carolina Transportation Infrastructure Study Committee, which examined the feasibility and benefits of public/private partnerships to improve the state's roads, highways and bridges.
He has served on the statewide transition teams of S.C. Treasurer Curtis Loftis, former Treasurer Thomas Ravenel and former S.C. Governor Mark Sanford.
Burnie received national press in 2005 regarding the S.C. Department of Revenue's investigation of potentially abusive conservation easement donations, as well as the Department's investigation under IRS Circular 230 of tax professionals who were involved in tax shelters.
He is co-author of a number of books and law review articles including:
•South Carolina Tax Incentives for Economic Development;
•Local, State, and Federal Tax Incentives for Conservation Easements;
•and State Tax Crimes, all published for the Department of Revenue.
He has also co-authored:
•South Carolina Nonprofit Corporate Practice Manual (2015), second edition, published by the South Carolina Bar
•South Carolina Limited Liability Companies & Limited Liability Partnerships (1st & 3rd Editions);
•The Law of Automobile Insurance (1st-5th Editions);
•and South Carolina Nonprofit Corporate Practice Manual (2007), published by the South Carolina Bar.
The South Carolina Manufacturers Alliance's presented Burnie with the 2007 Defender of Manufacturing Award. He is pictured here at the 2012 awards ceremony, along with other recipients.
•2015 Legal Elite of the Midlands
•2015 Best Lawyers in the Midlands in Tax Law by Columbia Metropolitan Magazine
•Best Lawyers in America Lawyer of the Year for Tax Law (Columbia)
•Appointed by Governor Haley to the Agency Head Salary Commission (2014)
•S.C. Treasurer Curtis Loftis transition team (2010-2011)
•South Carolina Economic Developers Association's 2010 Ally of the Year
•Best Lawyers in America since 2009
•Listed in South Carolina Super Lawyers for Tax (2014)
•Chair, S.C. Tax Realignment Commission (TRAC) (2010-2011)
•South Carolina's first Director of the Department of Revenue and Taxation (1995-1999); second term (2003-2005)
•Member of the Coordinating Council for Economic Development and Chair of the Enterprise Zone Subcommittee (1995-1999 and 2003-2005)
•Received Order of the Palmetto from both S.C. Governor Carroll Campbell and S.C. Governor David Beasley
•2007 Recipient of the South Carolina Manufacturers Alliance Defender of Manufacturing Award
•Former General Counsel in the S.C. Secretary of State's Office
•Compleat Lawyer Award from USC School of Law (1998)
•L.H. Sonny Siau Award of Excellence from the South Carolina Association of Auditors, Treasurers, and Tax Collectors
•Transition Team for former S.C. Governor Mark Sanford
•Legal Counsel to Former S.C. Governor Carroll Campbell
•Former Commissioner on the S.C. Public Service Commission
•Former Member of the Board of South Carolina's Department of Health and Environmental Control (DHEC)
•Former S.C. Deputy Securities Commissioner in S.C. Secretary of State's Office
•Government Efficiency and Accountability Review Committee, former member
•S.C. Transportation Infrastructure Study Committee, former member
•2006 Palmetto Leadership Award from the S.C. Policy Council
•2005 Public Servant of the Year Award from Upstate Forever
•Agency Directors Organization (2004-2005)
Speaking & Writing
• Department of Revenue Director Retiring
June 23, 2014
• Maybank: How SC can ease lending, boost rural job growth
May 11, 2015
• North Charleston hotelier's tax bill ruling could have far-reaching impact
May 13, 2015
•2015 Legal Elite of the Midlands
October 14, 2015
• The Spread of State NMTC Programs
October 15, 2015
• New accounting standards for tax abatements lack specifics
October 26, 2015
• Economic Development Seminar
November 6, 2015
•State Economic Development Incentives for the Agribusiness Industry
November 7, 2014
•Legislative Update and Product Development Seminar
June 27, 2014
•South Carolina Supreme Court Rules on Tax Exemptions in Bodman v. South Carolina
May 8, 2013
• Nonprofit Traps and Pitfalls
July 8, 2014
•Maybank on the Government Accounting Standards Board issued Statement No. 77, Tax Abatement Disclosures
August 15, 2015
Co-author, South Carolina Nonprofit Corporate Practice Manual, South Carolina Bar, 2015.
On July 9, 2014, Burnie served as the Moderator and presenter of the Clean Energy Economic Development Panel at the 2014 South Carolina Clean Energy Summit.
Burnie authored an article for the July 2014 edition of South Carolina Lawyer, co-written by Chris Hampton, entitled Nonprofit Traps and Pitfalls. A printable version of this article, including endnotes, can be found here. Or, for a digital copy of South Carolina Lawyer magazine (article found on pg. 36).
Burnie has hosted and spoken at a number of economic development and state and local tax seminars. In the past several years, these include:
•Host/Presenter, Nexsen Pruet Economic Development Seminar: NC vs. SC, Topics: Cost-Benefit Analysis; Sales Taxes; Income Taxes; Port Cargo Credits/Data Centers, November 6, 2015
•Host/Presenter, Nexsen Pruet SALT Seminar, Topics: Sourcing Update COP vs. Market Share, SALT Caselaw and Statutory Update, October 2, 2015
•Presenter, SCMA 2015 CFO Forum (2015) Legislative Update; And Sometimes Overlooked State Tax Economic Development Incentives for Manufacturers
•Presenter, Low Country Open Land Trust (Sept. 2015) State and Federal Charitable Giving Rules for Non-cash Charitable Contributions
•Host, Realtors Seminar (2015) Presenter, Realtor's Legislative and Regulatory Update, ATI Alternative Valuation Credit, Abandoned Building Revitalization and Retail Revitalization Acts
•Host, Traps and Pitfalls in Economic Development (2015) Presenter: Federal Income Tax Consequences of State Tax Incentives
•Host, Realtors Seminar (2014) Presenter, Property Tax Basics; ATI; Abandoned Buildings and Retail Facilities Revitalization Acts
•Host, Newbie Seminar (2013) Presenter, Income Taxes; Sales Taxes; and Utility Tax Credit.
•Host, SALT Seminar (2013) Presenter, State Tax Traps and Pitfalls and ALC Update.
•Host, Hard Dollars Seminar (2013) Presenter, Utility Tax Credit.
•Host, Legislative Update Seminar (2013) Presenter, SC vs. NC Tax Incentives and Legislative Update.
•Host, Distribution Center Seminar (2013) Presenter, Taxation of Warehouses vs. Manufacturers; Property Taxation of Warehouses owned by Manufacturers; and State Tax Incentives for Warehouses/Distributors.
•B. Maybank, Franklin Daniels, Cashida Okeke, State Tax Traps and Pitfalls, South Carolina Lawyer, May 2013, at 42.
•State Economic Development Incentives for the Agribusiness Industry (2012) Presenter, Job Tax Credit/Job Development Credit, and Classification of Processors and Manufacturers for Purposes of Property Taxes.
•Host, Incentives for Real Estate Developers (2012) Presenter, Infrastructure Tax Credit; Closed Big Box/Textile Mills - Renovation Credits, and Brownfields.
•Host, Selected Issues regarding Spec Industrial Parks and Mega Sites (2012) Presenter, Legislative Update and Utility Tax Credit and Spec Industrial Parks.
•Host, Economic Development and Legislative Update Seminar (2011) Presenter, Legislative Update, and Property Tax Issues: When a Manufacturing Facility is sold at a Deep Discount.
•Host, Newbie Seminar (2011) Presenter, Income and Sales Tax Basics and Incentives, and FOIA's Application to NonProfit Economic Development Agencies.
Outside Nexsen Pruet
Burnie is a successful beekeeper. When not busy at work or buzzing around hives, you can find Burnie on the coast with his family.
Outside Nexsen Pruet
Burnie is a successful beekeeper. When not busy at work or buzzing around hives, you can find Burnie on the coast with his family. (Also at Charleston Office)