Buisness Facilities Contributed Content

MARCH 8, 2016

A certificate of eligibility must be obtained from the Energy, Minerals, and Natural Resources Department to apply for this credit. The credit may be carried forward for four years from the date of the certificate of eligibility. Had total revenue of no more than $5 million dollars in any prior fiscal year. Appointment.

New Mexico 40

New Mexico Compensation Income Railroad 40

Buisness Facilities Contributed Content

JULY 11, 2014

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.

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. 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.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75