1. All NM Taxes
  2. Frequently Asked Questions
  3. Will New Mexico accept tax-exempt certificates from another state?

Will New Mexico accept tax-exempt certificates from another state?

Because the gross receipts tax structure differs fundamentally from a sales tax, New Mexico does not accept any tax exemption or deduction certificates issued by other states. New Mexico does, however, accept Multijurisdictional Uniform Sales and Use Tax Certificates (MTCs) and Border States Uniform Sale for Resale Certificates (BSCs).