New Mexico Incentives and Workforce Development Guide
Buisness Facilities Contributed Content
MARCH 8, 2016
For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. The credit may be applied against the taxpayer’s gross receipts tax liability or compensating tax liability. The credit can be applied to the state portion of the gross receipts tax, compensating tax, and withholding tax.
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