But there are caveats regarding included items and local taxes may still apply. So, here’s what to know about the New Mexico gross receipts tax holiday. Profit and prosper with the best of ...

SANTA FE, N.M. (KRQE) – New Mexico ... between 2021 and 2023 could be eligible for up to $50,000 worth of credits for construction costs. There would also be gross receipts deductions for ...

Senate Bill 295, which would repeal New Mexico's gross receipts tax on medical services, is sponsored by Senator Jeff Steinborn (D-Albuquerque); Senate Minority Leader William Sharer (R-Farmington); ...

Technically, the sales tax in New Mexico is not sales at all. It is a gross receipts tax, which means that the seller pays a portion of their revenue to the state. Sellers typically pass these ...