Gross Receipt Tax Increase effective July 1st!

June 29, 2017

An alert to our clients doing business in Bernalillo County, the Gross Receipts Tax is going up on July 1st!

Unless you are in a special district in Bernalillo, such as a Pueblo, your rate is 7.5%!  You’ll probably need to update your rate in your business software and notes!

This rate takes effect on July 1st, 2017, this Saturday!

Here is a PDF of the current GRT rates throughout New Mexico.  Just note, only rates with asterisks have changed, which are mostly in Bernalillo, Cibola, Hidalgo, and Taos counties.

If you have any questions, please contact us!