Gross Receipts Tax Incentive Program (GRIP)

The Gross Receipts Tax Incentive Program (GRIP) is another incentive offered by the City of Las Cruces.  The program is best suited to large scale businesses but that would include certain retailers, restaurants and other types of businesses.  Businesses would create infrastructure in exchange for up to 75% of GRT generated over the term of the planned infrastructure build-out and they would have to meet or exceed $5,000,000/year sales volume after three years of operation. For more information, contact us at econdev@las-cruces.org