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Post details: New Mexico --Multiple Taxes: Manufacturers' Apportionment Formula Extended; Investment Credit Changes Delayed
04/10/09
New Mexico --Multiple Taxes: Manufacturers' Apportionment Formula Extended; Investment Credit Changes Delayed
CCH (cch.taxgroup.com) reports:
New Mexico Gov. Bill Richardson has signed legislation extending the special corporate income tax apportionment formula available to manufacturers and delaying scheduled changes to the manufacturing equipment valuation method and employment requirements for the investment credit against gross receipts, compensating, and personal income withholding taxes.
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