INCENTIVE DESCRIPTION

State: NM
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: Investment Credits
Description: MANUFACTURERS INVESTMENT TAX CREDIT: Manufacturers may take a credit equal to five percent of the value of qualified equipment imported and used in manufacturing. The credit is taken against state gross receipts tax or compensating tax. This credit must have job creation.
Eligibility Requirements: Must be a qualifying manufacturer, must create new jobs, must file all required applications.
Geographic Restrictions: Statewide
Granting Authority: State of New Mexico


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.