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 or Territory: | New Mexico |
Effected Jurisdiction: | New Mexico |
Jurisdiction type: | State or Territory |
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/ |