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SANTA FE, N.M. (KFOX14/CBS4) — Gov. Michelle Lujan Grisham says a statewide cut in gross receipts taxes will be on her agenda when the Legislature meets in January. She made the announcement during an ...

Having begun to move away from gross receipts taxes (GRT) in 2005, New Mexico lawmakers are considering reinstating the tax on groceries in an effort to close the state’s budget shortfall. The tax, ...

NEW MEXICO (KRQE) – Taxpayers will no longer be required to enter a specific code for most Gross Receipts Tax deductions. The New Mexico Taxation and Revenue Department says the change comes as the ...

The quarter of a percent decrease could result in an estimated savings of $145 million for consumers and businesses each year, New Mexico Gov. Michelle Lujan Grisham said on Wednesday. Citing an ...

The tax shoppers pay on goods and services in Bernalillo County went up last week, with more increases likely on the way. County commissioners last year voted to boost the gross receipts tax this ...

There’s a hidden job killer lurking throughout New Mexico’s economy. It’s called “gross receipts tax pyramiding,” and it harms small businesses, raises the cost of goods and services, and makes it ...

What city in New Mexico has the highest gross receipts tax rate? It's not Albuquerque, Santa Fe or Rio Rancho. Where will you save the most during the three-day tax holiday? Some parts of Española ...

SANTA FE, N.M. – There was a lot of debate around a certain tax cut that was unanimously tabled at the Roundhouse this weekend. Republican state Rep. and bill sponsor Jason Harper told KOB 4 Sunday ...

ALBUQUERQUE, N.M. – Gov. Michelle Lujan Grisham said Wednesday that a statewide cut in gross receipts taxes will be on her agenda when the Legislature meets in January. She made the announcement ...