A Competitive Business Climate
Carlsbad and Eddy County offer a pro-business environment with a tax climate that supports industry growth and investment. Recognized by Kiplinger, Ernst & Young, and the Tax Foundation, New Mexico continues to enhance its appeal for businesses looking to expand or relocate.
Key tax advantages include:
✔ No property tax on goods in transit through the state or warehoused for out-of-state delivery
✔ No inventory tax
✔ No gross receipts tax on consumables used in manufacturing, including electricity and natural gas
✔ No intangible property tax
✔ No real estate transfer tax
✔ Among the lowest property taxes in the nation
✔ Single sales factor apportionment for manufacturers, reducing tax burdens
✔ No estate, inheritance, or gift taxes
With these business-friendly policies, Carlsbad provides companies with a cost-effective location for growth, innovation, and long-term success.
For New Mexico’s Industry-Specific Incentives, click here.
