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Optimize Your E-commerce Calculations with Zip2Tax Sales & Use Tax Rates.
Optimize Your E-commerce Calculations with Zip2Tax Sales & Use Tax Rates.
In New Mexico, the Sales Tax Rate, called Gross Receipts Tax rate, varies throughout the state from 5% to 9.3125%. It varies because the total rate combines rates imposed by the state, counties, and, if applicable, municipalities where the businesses are located. The business pays the total Gross Receipts Tax to the state, which then distributes the counties’ and municipalities’ portions to them.
Sales tax rates in New Mexico are origin-based meaning the sales tax rate is based on the location of the sale.
Changes to the tax rates may occur twice a year in January or July. The Department posts new tax rate schedules online and in the GRT Filer’s Kit.
Businesses that do not have a physical presence in New Mexico, including marketplace providers and sellers, also are subject to Gross Receipts Tax if they have at least $100,000 of taxable gross receipts in the previous calendar year. More information on this standard is available in FYI-206: Gross Receipts Tax and Marketplace Sales.
To see a full breakout of New Mexico sales tax rates by state, county, city and special district, use our easy Sales Tax Online Lookup Solution. After entering a ZIP code, you can enter a retail price to calculate the sales tax totals.
See all the Zip2Tax solutions available for New Mexico sales taxes here.
Special Tax Rules for New Mexico:
Shipping Taxability in New Mexico:
In the state of New Mexico (NM), the taxation of shipping depends on certain factors.
If the shipping is included as part of a taxable sale, such as when you purchase a taxable item and the seller charges you for shipping, then the shipping charges would be subject to sales tax.
However, if the shipping charges are separately stated and the seller does not make a profit from the shipping, they may be exempt from sales tax. For example, if you hire a third-party shipping company and pay them directly for their services, those charges may not be subject to sales tax.
Consult he New Mexico Department of Revenue for more information.