New Mexico Statutes Chapter 7. Taxation § 7-9-57.2. Deduction; gross receipts tax; sale of software development services

(1) “eligible software development company” means a taxpayer who is not a successor in business of another taxpayer and whose primary business in New Mexico is established after the effective date of this section, is providing software development services and who had no business location in New Mexico other than in a qualified area during the period for which a deduction under this section is sought;

(2) “qualified area” means the state of New Mexico except for an incorporated municipality with a population of more than fifty thousand according to the most recent federal decennial census; and

(3) “software development services” means custom software design and development and web site design and development but does not include software implementation or support services.