Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 9F - Technology Jobs Tax Credit, 7-9F-1 through 7-9F-12. > Section 7-9F-7 - Qualified expenditures.

Section 7-9F-7 - Qualified expenditures.

7-9F-7. Qualified expenditures.

The amount of a taxpayer's qualified expenditure is the purchase price for the relevant property or service.