2011 New Mexico Statutes
Chapter 7: Taxation
Article 9F: Technology Jobs Tax Credit, 7-9F-1 through 7-9F-12
Section 7-9F-5: Basic credit; additional credit; amounts; claimant.
7-9F-5. Basic credit; additional credit; amounts; claimant.
A. The basic credit provided for in the Technology Jobs Tax Credit Act is an amount equal to four percent of the amount of qualified expenditures made by a taxpayer conducting qualified research at a qualified facility.
B. The additional credit provided for in the Technology Jobs Tax Credit Act is an amount equal to four percent of the amount of qualified expenditures made by a taxpayer conducting qualified research at a qualified facility.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
