Lower Your Taxes by Doing Business in Roswell & Chaves County, New Mexico

Our state and region is known for having low taxes - a benefit to the companies growing here. 

Tax Benefits

  • No tax on property in transit through the state or warehoused for delivery out-of-state
  • No inventory tax
  • No gross receipts tax on consumables used in manufacturing, including electricity and natural gas
  • No intangible property tax
  • No tax on real estate transactions
  • Lowest property tax in the nation
  • Single sales factor apportionment methodology for manufacturers
  • No estate, inheritance or gift taxes

Industrial Revenue Bonds

Download the Industrial Revenue Bond Basics PDF