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Form Cit-4 - New Mexico Preservation Of Cultural Properties Credit (Corporate Income Tax) Page 3

CIT-4

NEW MEXICO PRESERVATION OF CULTURAL PROPERTIES CREDIT (Corporate Income Tax)

Rev 11/10/2011

INSTRUCTIONS

page 2

HOW TO APPLY FOR THIS CREDIT: A taxpayer may claim this credit by attaching a completed Form CIT-4 to the corpo-

rate income and franchise tax return for the current year. Also attach the Part 2 approval, issued by the New Mexico Cultural

Properties Review Committee. If applicable, you will also need to attach the certified statement from the state coordinator of

New Mexico arts and cultural districts. The claim must be submitted with the tax return for the year in which the restoration,

rehabilitation or preservation is carried out.

Mail the tax return and attachments to: New Mexico Taxation and Revenue Department, P O Box 25127, Santa Fe, NM

87504-5127.

CONTACTS:

For the New Mexico Cultural Properties Review Committee (CPRC), contact:

New Mexico Department of Cultural Affairs

Historic Preservation Division

Tax Credit Programs

407 Galisteo Street, Suite 236

Santa Fe, NM 87501

(505) 827-6320

State Coordinator of New Mexico Arts and Cultural Districts

Economic Development Department

1100 S. St. Francis Drive

Santa Fe, NM 87503

(505) 827-0168

Rich.williams@state.nm.us

For information related to claiming the credit for preservation of cultural property against corporate income tax, contact:

New Mexico Taxation and Revenue Department

at (505) 827-0825 in Santa Fe, NM

or your local district office

Form Cit-4 - New Mexico Preservation Of Cultural Properties Credit (Corporate Income Tax) Page 3