New Mexico Gross Receipts Tax Rates 2025. The allowability of any gross receipts taxes or local option taxes lawfully paid to the state of new mexico by the contractor or its subcontractors will be. New mexico tax rates, collections, and burdens.
1 published the gross receipts tax rate schedule, effective jan. Currently, the base grt rate.
Gross Receipts By Geographic Area And Naics Code;.
The allowability of any gross receipts taxes or local option taxes lawfully paid to the state of new mexico by the contractor or its subcontractors will be.
How To Use The Map.
Gross receipts location code and tax rate map.
New Mexico Gross Receipts Tax Rates 2025 Images References :
1 Published The Gross Receipts Tax Rate Schedule, Effective Jan.
The gross receipts tax rate varies throughout the state from 5.125% to 8.6875% depending on the location of the business.
Currently, The Rate Is Set At 5 Percent Through June 30 With A 0.125 Percentage Point Reduction Scheduled To Take Effect July 1.
The three basic business taxes in new mexico include gross receipts, compensating, and wage withholding.
