what is sales tax in New Mexico?

3 Answers

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  • 1 decade ago
    Favorite Answer

    Technically, New Mexico does not have a sales tax, though it does have a gross receipts tax which functions in much the same way. The gross receipts tax rate currently ranges from 5.125% to 8.6875% depending on where the business is located.

  • 1 decade ago

    7%

    Source(s): 4 corners area
  • Evil C
    Lv 7
    1 decade ago

    5.125%

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