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Traditional Goods or Services Prescription medicine, groceries, and gasoline are all tax-exempt. New Mexico is unique in the fact that the state requires gross receipts tax to be paid on all services.
Currently, New Mexico provides an exemption from GRT for certain "receipts from selling services performed outside New Mexico the product of which is initially used in New Mexico." Effective July 1, 2021, however, the exemption for services performed outside the state will no longer apply to most services.
The state imposes a governmental gross receipts tax of 5.00% on the receipts of New Mexico state and local governments.
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GOVERNMENTAL GROSS RECEIPTS TAX 1. The sale of tangible personal property, other than water, from facilities open to the general public; 2. The performance of or admissions to recreational, athletic or entertainment services or events in facilities open to the general public; 3.
Accordingly, most states offer product-specific exemptions for items such as food, clothing, prescription medicines, and medical (prosthetic) devices. Those states that don't provide a complete exemption for these items often impose a lower tax rate on them.
Unlike many other states, sales and performances of most services are taxable in New Mexico.
Go to www.tax.newmexico.gov and select \u201cOnline Services\u201d. At no additional charge, you may pay using an electronic check that authorizes the Department to debit your checking account in the amount and on the date you specify.
As for payment, E-pay is the quick and green way to do it. If you need assistance, call 1-866-809-2335. Once you're online filing your return, you can also pay online.

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