1.0All NM Taxeshttps://www.tax.newmexico.gov/all-nm-taxesGovernmental Gross Receipts Tax : All NM Taxesrich600338<blockquote class="wp-embedded-content" data-secret="KY0E1azsIy"><a href="https://www.tax.newmexico.gov/all-nm-taxes/2020/10/23/governmental-gross-receipts-tax/">Governmental Gross Receipts Tax</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.tax.newmexico.gov/all-nm-taxes/2020/10/23/governmental-gross-receipts-tax/embed/#?secret=KY0E1azsIy" width="600" height="338" title="“Governmental Gross Receipts Tax” — All NM Taxes" data-secret="KY0E1azsIy" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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[et_pb_section fb_built=”1″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_row _builder_version=”4.6.6″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_text _builder_version=”4.7.0″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″] The state imposes a governmental gross receipts tax of 5.00% on the receipts of New Mexico state and local governments. The exceptions are the gross receipts of public school districts and entities licensed by the Department of Health that are principally engaged […]