Non-Taxable Transaction Certificates

Why would I need a Nontaxable Transaction Certificate?

In transactions for which state law provides gross receipts tax deductions, the buyer or lessee may give the seller or lessor a New Mexico nontaxable transaction certificate (NTTC) to document the business’s deduction of its receipts. Deductible receipts are not...

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Can I request NTTC’s Online?

Yes. As a registered New Mexico gross receipts taxpayer, you can obtain, execute and record the use of NTTCs through Taxpayer Access Point. To contact persons who can assist you with this online program, please click the Contact Us button. You may use NTTC-NET to make...

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Why would I not be able to issue or receive an NTTC?

If TRD’s records show that you have an outstanding tax liability or that you are a non-filer for one or more reporting periods, TRD may refuse your application for NTTCs until you pay the liability or submit the missing reports.

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Is there only one type of NTTC?

No. The available NTTC types are: No. The available NTTC types are: TYPE 2 certificates may be used for certain deductions related to the purchase of tangible personal property; TYPE 5 certificates may be used for certain deductions related to services; TYPE 6...

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Are there any additional deductions an NTTC can be used for?

Statutes allow, but do not require, an NTTC to be executed for these transactions: Sales of tangible personal property other than construction materials to agencies of the United States and New Mexico governments (Section 7-9-54), Type 9 NTTC; Sales of tangible...

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How do I deliver an NTTC to a vendor?

Complete an NTTC form by entering the required information about the vendor to whom the NTTC is to be delivered. An NTTC may not be executed by anyone other than the person to whom TRD has issued it. You may complete an NTTC either online or by means of a paper NTTC...

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Can I make photocopies of my NTTC’s?

An NTTC may be copied only: By TRD or, on TRD’s request, by the person to whom the NTTC has been issued or to the seller or lessor who has accepted the NTTC for audit, tax compliance or tax administration purposes; By the person to whom TRD has issued the NTTC for...

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