New Mexico Gross Receipts Tax Rates 2024. The gross receipts tax rate varies throughout the state from 5.125% to 8.6875% depending on the location of the business. While the grt would be reduced to 4.375 percent by july 1, 2024, that only addresses half the problem.
Post july 1, 2023, 4.875% (if state revenue meets minimum threshold) rate determination (sourcing sales) prior to july 1,. 2) the state gross receipts tax rate of 5.125.
State Sales Tax Free Weekend Shopping 2024 2024, Exact Tax Amount May Vary For Different Items.
New mexico gross receipts quick find is available.
While The Grt Would Be Reduced To 4.375 Percent By July 1, 2024, That Only Addresses Half The Problem.
New mexico taxation and revenue department.
Local Grts In New Mexico Are Subject.
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Base To Include Subpart F.
Gross receipts by geographic area and naics code;
New Mexico's Gross Receipts Tax By The Numbers:
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The Gross Receipts Tax Rate Varies Throughout The State From 4.875% To 8.9375%.
