If you’re on a quarterly or semi-annual filing schedule, your deadline is January 26, 2015! You need to pay Gross Receipts tax if you are:
— Selling property in New Mexico;
— Leasing or licensing property employed in NM;
— Granting a right to use a franchise employed in NM;
— Performing services in New Mexico, and
— Selling research & development services performed outside NM, the product of which is initially used in NM.
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