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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

To be eligible, the fuel sold must be used or loaded by a common carrier that: After July 1, 2011, made a capital investment of $100 million or more in new construction or renovations at the railroad locomotive refueling facility in which the fuel is loaded or used; or. Five-Year Policy Changes: Year. Appointment. Double-Weighted Sales.

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Did not in any prior calendar month have more than 50% of its voting securities or other equity interest with the right to designate or elect the board of directors or other governing body of the qualified business owned directly or indirectly by another business. Five-Year Policy Changes: Year. Apportionment. Double-Weighted Sales.

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State by State Incentives Guide

Buisness Facilities Contributed Content

For 2018 and thereafter, the tax credit rates will be 20% of the first $2.5 This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. million in qualifying expenses plus 15% of the qualifying expenses in excess of $2.5

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75