Back to Grants
NM

New Mexico Technology Jobs and Research and Development Tax Credit

Tax credit for qualified research and development expenditures in New Mexico.

About this program

The Technology Jobs and Research and Development Tax Credit supports New Mexico businesses conducting qualified research and development and, in some cases, creating high-paying technology jobs.

Eligibility

New Mexico businesses with qualified research expenditures and eligible technology job activity.

Requirements

  • Conduct qualified R&D in New Mexico
  • Document eligible expenditures
  • Apply through the Taxation and Revenue Department