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Greater Belen EDC
100 South Main St
Belen NM 87002
(505) 864-8221
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INCENTIVES
Incentives for Customer Support Centers:
Telemarketing Tax Exemption (Interstate WATS)
Receipts for WATS (wide area telephone service) and private communications services are deducted from gross receipts tax and interstate telecommunications gross receipts tax.
- applies to companies that process phone orders and inquiries
- prevents double taxation of interstate telecommunications by exempting taxes paid to other states or their political subdivisions, saving 4.25%
- WATS service entitles a subscriber to either make or receive large volumes of communications to or from persons in specified geographical areas for a flat rate, which is calculated on the total duration of all such calls and the subscriber's selected geographic area.
Receipts from selling interstate telecommunications services that originate or terminate in New Mexico and are thus subject to the interstate telecommunications gross receipts tax, are exempt from the gross receipts tax.
Web Hosting Gross Receipts Tax Deduction
Receipts from hosting world-wide web sites may be deducted from gross receipts. Hosting means storing information on computers attached to the internet.
Back to Incentives Index
More on New Mexico's Business Incentives at :
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