Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | New Mexico |
| Effected Jurisdiction: | New Mexico |
Jurisdiction type: | State |
| Fiscal year ending In: | 2018 |
| Program name: | Credit for Preservation of Cultural Property |
| Program purpose: | Historic Preservation |
| Statutory authority: | Section 7-2A-8.6 NMSA 1978 |
| Abating jurisdiction(s): | State of New Mexico |
| Applicable taxes: | Corporate and Personal Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $166,694 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $166,694 |
| Type of loss: | Active |
| Additional notes on dislosure: | Provided breakdown by type of taxes |
| Document source: | https://www.nmdfa.state.nm.us/new-mexico-annualreport/ |
