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Gov. Michelle Lujan Grisham introduces historic tax reform

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Bill would lower Gross Receipts Tax rate, end ‘pyramiding’ from professional services

SANTA FE — Gov. Michelle Lujan Grisham unveiled bipartisan legislation Thursday that would lower the state’s Gross Receipts Tax rate an additional quarter-percent to 4.625 percent and create a deduction for a wide range of services sold to other businesses, saving New Mexicans as much as $411 million in total.

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Daily Update, Thursday, June 27, 2024

203 Views   Ground efforts hindered by severe weather conditions Interactive property map updates available for Village of Ruidoso. Property access status updates are available, including

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