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Tax CreditNew MexicoActiveVerified

New Mexico Film Production Tax Credit

New Mexico Film Office (NMFO)NM-FILM-TC
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

New Mexico

About This Program

25–35% refundable tax credits for film and television productions shooting in New Mexico, with enhanced rates for productions in rural areas and those hiring New Mexico crew and post-production services.

Key Requirements & Eligibility

  • 1Minimum qualifying spend: $500,000 in New Mexico
  • 2Base credit: 25% of qualifying NM expenditures
  • 3Bonus 5% for filming in rural counties or areas with high unemployment
  • 4Bonus 5% for using NM post-production facilities
  • 5Refundable: excess credits paid out; no program cap

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Film & MediaEntertainmentTourism
Official Source