Developer Site Selection Assistance

New Mexico Tax Incentives

Tax incentives are offered by the State of New Mexico to qualifying projects. Energy, manufacturing and technology, tax credit, wage incentives, small business, new mexico partnership

New Mexico Tax Incentives
 

Carlsbad Area Demographics

Access demographics and other data about Carlsbad and Eddy County.

Carlsbad Area Demographics
 

Zoning Regions & Maps

View the City of Carlsbad zoning map.

Zoning Regions & Maps
 

Community Profiles

Find an overview of the primary residential and trade centers in South Eddy County.

Community Profiles
 

Commercial Real Estate Professionals

View contact information for professional advice and representation.

Commercial Real Estate Professionals
 

Helpful Links

Find government and other contacts involved with development in Carlsbad and Eddy County.

Helpful Links
 

Promote Your Property

Add your residential or commercial property in Eddy County to our site selection list. This is a free service to promote the sale or lease of your real estate.

Promote Your Property

Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from
While the Carlsbad Airport Industrial Park has significant water, sewer, gas, communications, and electrical utilities, the City of Carlsbad is willing to assist with additional needed infrastructure for certain
The City of Carlsbad has some property available for certain industrial projects. This property could also be made available through a job creation-based grant or low rate lease made
An operator of a refinery in New Mexico, any person who blends special fuel in New Mexico, or the owner of special fuel stored at a pipeline terminal in New
The value of equipment such as a boiler, turbine-generator, storage facility, feedstock processor, interconnection transformer, or biomass material used for bio-power, bio-fuels, or bio-based products may be deducted in computing
Since 1999, the Carlsbad Department of Development together with the US Department of Commerce’s Economic Development Administration have managed a Revolving Loan Fund Program.  This loan program supplies small businesses and
The corporate income tax act is amended to reduce the top corporate tax rate from its present law 7.6% to 5.9% over five years. The reduction begins in 2014, with
The HWJTC is a refundable tax credit designed to incentivize quality job creation, with differing thresholds for jobs in urban versus rural communities. This credit applies to the state portion
Eddy County and the City of Carlsbad can both issue Industrial Revenue Bonds (IRB) for the expansion and relocation of commercial and industrial projects.  Significant property tax and compensating
New Mexico has one of the most generous training incentive programs in the country. The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding
Administered by NM Taxation & Revenue DepartmentManufacturers may take a credit against gross receipts, compensating or withholding taxes equal to 5.125% of the value of qualified equipment when the following employment
Every business owner is looking for ways to expand revenue, increase new business opportunities, and optimize efficiency. The New Mexico Economic Development Department, in partnership with the New Mexico Manufacturing
The New Mexico Economic Development Department (EDD) is granted authority to administer Local Economic Development Act capital outlay (LEDA CO) funds to local governments (county, municipality, or tribal entity) to
New Mexico MEP aspires to be the premier solution provider to strengthen and grow New Mexico’s manufacturing. As a statewide assistance center, New Mexico MEP is dedicated to increasing the
A corporate or personal taxpayer who owns a qualified energy generator is eligible for a tax credit in an amount equal to 1 cent per kilowatt hour of electricity produced by the
Administered by NM Taxation & Revenue DepartmentThis credit can be applied to taxes due on (state) gross receipts, corporate income, or personal income tax. Rural New Mexico is defined as any
For the purposes of apportioning income, “manufacturing” excludes construction, farming, power generation, and processing natural resources including hydrocarbons.In addition, in taxable years that begin on or after January 1, 2015,
The purpose of the credit is to provide a favorable tax climate for technology-based businesses engaging in research, development and experimentation and to promote increased employment and higher wages in