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2. Tax Foundation calls New Mexico tax ranking respectable - AOL

   www.aol.com/tax-foundation-calls-mexico-tax...

   "New Mexico’s gross receipts tax hits both goods and services, so it directly affects the cost of doing business." ... New Mexico Business Weekly and Albuquerque Tribune. She is the author of ...

3. Taxation in New Mexico - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_New_Mexico

   Albuquerque, the state's largest city, has a combined rate of 7.7875%. [16] [17] [18] The gross receipts of state and local governments other than school districts are taxed by the state at a rate of 5%. Governmental receipts typically subject to this tax include revenues from: trash collection and disposal services, sewer service, sale of water

4. Gross receipts tax - Wikipedia

   en.wikipedia.org/wiki/Gross_receipts_tax

   A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, ... This page was last edited on 1 March 2025, at 06:26 (UTC).

5. As NM begins reducing sales tax, tough choices await - AOL

   www.aol.com/news/nm-begins-reducing-sales-tax...

   Jul. 6—SANTA FE — The state of New Mexico cut its gross receipts tax last week by one-eighth of 1 percentage point — the first reduction of its kind in more than 40 years. Another decrease ...

6. Eddy County, Carlsbad budgets grow thanks to gross receipt ...

   www.aol.com/eddy-county-carlsbad-budgets-grow...

   She said the City of Carlsbad anticipates gross receipts tax (GRTs) collections to increase to $5.7 million per month during the new fiscal year. More: City of Carlsbad passes 2024 $81M spending plan

7. List of taxes - Wikipedia

   en.wikipedia.org/wiki/List_of_taxes

   Gross receipts tax, a tax on revenues received by a corporation, even if they don't profit. ... This page was last edited on 24 February 2025, at 19:27 (UTC).

8. Economy of New Mexico - Wikipedia

   en.wikipedia.org/wiki/Economy_of_New_Mexico

   New Mexico imposes a gross receipts tax on businesses. This resembles a sales tax but unlike the sales taxes in many states it applies to services as well as tangible goods. Normally the business passes the tax on to the purchaser. There is a tax imposed by the state and there may also be local taxes imposed by counties and cities. [44]

9. Find out what the state's economic priorities are for the ...

   www.aol.com/news/states-economic-priorities-2025...

   Oct. 18—The New Mexico Economic Development Department is figuring out its legislative agenda with just two months to go before the start of the 2025 Legislature. Secretary-designate Rob Black ...