New Mexico Statutes
§ 7-9F-5 — Basic credit; additional credit; amounts; claimant
A.The basic credit provided for in the Technology Jobs and Research and Development Tax Credit Act is an amount equal to five percent of the amount of qualified expenditures made by a taxpayer conducting qualified research at a qualified facility.
B.The additional credit provided for in the Technology Jobs and Research and Development Tax Credit Act is an amount equal to five percent of the amount of qualified expenditures made by a taxpayer conducting qualified research at a qualified facility.
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New Mexico § 7-9F-5 (Basic credit; additional credit; amounts; claimant) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 2000 (2nd S.S.), ch. 22, § 5; 2015 (1st S.S.), ch. 2, § 14.
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