Web"LEASED VEHICLE GROSS RECEIPT TAX".-- A. For the privilege of engaging in business, an excise tax equal to five percent of gross receipts is imposed on any person engaging … WebThe 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 in... read more Gross Receipts Tax

New Mexico Sales Tax Guide Chamber of Commerce

WebNew Mexico has a statewide gross receipts tax rate of 5%, which has been in place since 1933. Municipal governments in New Mexico are also allowed to collect a local-option sales tax that ranges from 0% to 8.938% across the state, with an average local tax of 2.259% (for a total of 7.259% when combined with the state sales tax). The maximum local tax … WebSales tax is charged on car purchases in most states in the U.S. While you may be used to paying sales tax for most of your purchases, the bill for sales tax on a vehicle can be … golf galaxy human resources

Alternative Fuels Data Center: New Mexico Laws and Incentives

WebA major part of the final cost of a new vehicle purchase can be the taxes you'll need to pay and the registration/titling fees you'll owe to your state's Department of Motor Vehicles (DMV), Motor Vehicle Division (MVD), … WebThe Motor Vehicle Excise Tax applies to the sale of every motor vehicle that must be registered in the State of New Mexico. We presume that every time a vehicle is titled, a … Web30 apr. 2014 · Buying a Vehicle Used If you are buying a vehicle, ensure that the seller has signed the appropriate section on the vehicle’s title and filled in your information as the vehicle purchaser. The odometer information should be completely filled out, as well as the purchase date and selling price fields. golf galaxy houston area