The State of New Mexico has provisions for a wide range of tax and other incentives, including those related to high-wage jobs, technology research and development, manufacturing, renewable energy, businesses located on the border and aviation.
Some of these incentive programs include the Manufacturers Investment Tax Credit, R&D Small Business Tax Credit, Rural Jobs Tax Credit, and a host of seasonal industry-specific grant programs.Find a comprehensive list of New Mexico’s tax incentive programs here.
Planning to sell products outside of New Mexico? Read about deducting taxes on products sold out of state: