Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Provides a 5.125% credit against gross receipts tax (GRT) or compensating tax for manufacturers purchasing qualified equipment and machinery used directly in manufacturing operations in New Mexico.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Applicant must be a manufacturer operating in New Mexico
2.Equipment must be used directly in manufacturing operations (NAICS 31–33)
3.Credit applied against GRT or compensating tax on equipment purchase
4.No pre-approval required; claimed on annual return
5.Leased equipment may qualify if taxpayer bears economic risk of loss
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Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).