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Who needs a CRS number in New Mexico?

2) All owners of New Mexico businesses registered as a Partnership, Limited Liability Company or CORPORATION must obtain a New Mexico CRS Tax ID number.

What is a New Mexico CRS account?

During registration, each business will be provided with a State Tax ID number, also known as a Combined Reporting System (CRS) ID Number. This registration it is used to report and pay tax collected on gross receipts from business conducted in New Mexico.

Is a CRS number the same as a tax ID number?

Combined Reporting System number: All New Mexico businesses need a CRS number from the state Taxation and Revenue Department, which uses it to track major business taxes. This number is your state tax ID.

What is a Nmbtin?

REGISTRATION WITH THE DEPARTMENT With few exceptions a business must hold a New Mexico Business Tax Identification Number (NMBTIN). The NMBTIN is your state tax identification number, and is used when filing gross receipts tax (GRT), compensating tax, wage withholding, and a few other business-related tax programs.

What is Nmbtin?

REGISTRATION WITH THE DEPARTMENT With few exceptions a business must hold a New Mexico Business Tax Identification Number (NMBTIN). The NMBTIN is your state tax identification number, and is used when filing gross receipts tax (GRT), compensating tax, wage withholding, and a few other business-related tax programs.

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