The Type 9 NTTC may be executed for the purchase of tangible personal property only.

It may not be used for the purchase of services, the purchase of a license or other intangible property, for the lease of property or to purchase the construction materials for use in construction projects (except as provided in #2 below).

The following may execute Type 9 NTTCs:

  1. Governmental agencies (7-9-54)
  2. 501(c)3 organizations (7-9-60). These organizations must register with the NM Taxation and Revenue Department and submit proof of Internal Revenue Service 501(C)3 nonprofit determination before they may execute Type 9 NTTCs.  Those 501(C)3 organizations that are organized for the purpose of providing homeownership opportunities to the low-income families may purchase construction materials incorporated into these construction projects.
  3. Federal or state-chartered credit unions (7-9-61 and 7-9-21.2)
  4. Indian tribes, nations, or pueblos when purchasing tangible personal property for use on Indian reservations or pueblo grants (7-9-54)
View Our Most Popular Pages & Services
Latest News:
Governor Susana Martinez

Governor Susana Martinez

Learn more about governor Martinez
Secretary Demesia Padilla

Secretary Demesia Padilla,CPA

Learn more about secretary Padilla

Online Services

Find an Online Service to Serve Your Needs

Taxation and Revenue New Mexico

1100 South St. Francis Drive
Santa Fe, NM 87504
(505) 827-0700

TRD Home          Privacy & Security          Site Policies          Accessibility          About Us          Contact Us      Site MapLink to New Mexico Tax and Revenue Facebook Page

call us E-Mail Contact Us