NM Technology Jobs and Research & Development Tax Credit
Funds New Mexico innovation tax incentives tied to high-value technology jobs.
About
New Mexico's Technology Jobs and Research & Development Tax Credit is administered by the New Mexico Taxation and Revenue Department and offsets state tax liability for businesses doing qualified R&D in New Mexico. It can reduce gross-receipts, compensating, or withholding tax, and it can also offset income or corporate income tax when the payroll-growth test is met.
The base credit is 5% of qual…
AIBiotechEnergy TechHardwareAdvanced ManufacturingAdvanced MaterialsQuantum
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.