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NM

New Mexico Investment Credit

Tax credit for manufacturers investing in qualifying equipment in New Mexico.

About this program

The New Mexico Investment Credit supports manufacturers and certain businesses that purchase qualified equipment and make eligible capital investments in New Mexico operations.

Eligibility

Eligible New Mexico manufacturers and qualifying businesses purchasing qualified equipment, including Deming manufacturers.

Requirements

  • Purchase qualified equipment for eligible New Mexico operations
  • Meet employment and investment requirements
  • Apply through the New Mexico tax credit process and document equipment use