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NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

Choose New Mexico

Aircraft Deduction

Administered by NM Taxation & Revenue Department
  • Receipts from selling aircraft parts or maintenance services for aircraft or aircraft parts
  • Receipts of an aircraft manufacturer from selling aircraft flight support, pilot training, or maintenance training services
  • Receipts from the sale of or from maintaining, refurbishing, remodeling, or otherwise modifying a commercial or military carrier over 10,000 pounds gross landing weight
  • 50% of gross receipts from selling other aircraft
  • 55% of the receipts from selling jet fuel for use in turboprop or jet engines until June 30, 2017; 40% after June 30, 2017

New Mexico Economic Development Department

Main number: (505) 827-0300 (se habla español)
Email: info@edd.nm.gov

Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505

Albuquerque Office
500 Marquette Ave NW Suite 640
Albuquerque, NM 87102

Mailing Address:
New Mexico Economic
Development Department
P.O. Box 20003
Santa Fe, NM 87504-5003

The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.

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New Mexico Economic Development Department. All Rights Reserved.

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YOUR BUSINESS
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YOUR BUSINESS
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YOUR BUSINESS

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505-827-0300

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