Buisness Facilities Contributed Content

MARCH 8, 2016

Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. Qualified employees: .

New Mexico 40

New Mexico Compensation Income Railroad 40

Buisness Facilities Contributed Content

JULY 11, 2014

The credit can be applied to the state portion of the gross receipts tax, compensating tax and withholding tax. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted. Any excess credit will be refunded to the taxpayer. Eligible Uses.

New Mexico 40

New Mexico Compensation Income Finance 40

Buisness Facilities Contributed Content

APRIL 15, 2014

If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. 100% electable sales factor for multi-state corporations (increasing from 80% to 100% between 2014 and 2017). Railroad Spurs. Sales factor further reduces corporate tax burdens. Natural Gas-Line Services.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The increase is to occur in equal increments over a four year period, between 2014 and 2017. percent, between 2014 and 2017. Commercial Property: Reduced by 10 percent, the commercial property assessment ratio will be 18 percent by 2017. This provides businesses with the opportunity to reduce their Arizona tax burden.

Income 75

Income Finance Zoning Equipment 75