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New Mexico Incentives and Workforce Development Guide

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Department of Defense. Locomotive engine” is defined as a wheeled vehicle consisting of a self-propelled engine that is used to draw trains along railway tracks. Department of Defense may be deducted from gross receipts. Space” is defined as any location beyond altitudes of 60,000 feet above mean sea level.

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New Mexico Incentives and Workforce Development Guide

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For the purposes of apportioning income, “manufacturing” excludes construction, farming, power generation, and processing natural resources including hydrocarbons. Department of Defense may be deducted from gross receipts. Five-Year Policy Changes: Year. Apportionment. Double-Weighted Sales. Triple-Weighted Sales.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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A key ingredient to Texas’ success is a comprehensive job creation strategy focused on six key industry clusters: Advanced Technology and Manufacturing; Aerospace, Aviation, and Defense; Biotechnology and Life Sciences; Information and Computer Technology; Petroleum Refining and Chemical Products; and Energy.

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STATE FOCUS: Lassoing Jobs In Texas

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Texas’ vibrant economy—made possible by the state’s superior workforce, excellent business climate, central location, relatively low production costs and aggressive incentive funding—continues to draw companies from around the country and around the world, proving time and again that Texas really is “Wide Open for Business.”.

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STATE INCENTIVES GUIDE

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SALES & USE TAX ABATEMENTS: Taxes on construction-related transactions, pollution control devices are exempt from sales and use taxes. MADE IN ALABAMA” JOB INCENTIVES ACT: Qualifying companies may receive a transferable income tax credit to offset import tariff costs during local construction process.

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