Use this skill with your AI agent
Paste this skill into your AI agent's context, or save the file to your project. Works with any AI agent that reads markdown.
| 1 | --- |
| 2 | name: nm-sales-tax |
| 3 | description: Use this skill whenever asked about New Mexico Gross Receipts Tax (GRT). Trigger on phrases like "New Mexico GRT", "Gross Receipts Tax", "NM sales tax", "NMSA §7-9". NM has a GRT, not a traditional sales tax. ALWAYS load us-sales-tax first. |
| 4 | version: 2.0 |
| 5 | jurisdiction: US-NM |
| 6 | validation_status: ai-drafted-q3 |
| 7 | --- |
| 8 | |
| 9 | # New Mexico Gross Receipts Tax (GRT) Skill v2.0 |
| 10 | |
| 11 | ## Section 1 -- Quick reference |
| 12 | |
| 13 | | Field | Value | |
| 14 | |---|---| |
| 15 | | Jurisdiction | New Mexico | |
| 16 | | Tax type | Gross Receipts Tax (GRT) -- NOT a traditional sales tax; tax on the SELLER | |
| 17 | | State GRT rate | 5.125% | |
| 18 | | Local add-on range | 0% -- ~4.1875% | |
| 19 | | Maximum combined rate | ~9.3125% | |
| 20 | | Sourcing | Destination-based | |
| 21 | | Economic nexus | $100,000 in taxable gross receipts | |
| 22 | | Tax authority | New Mexico Taxation and Revenue Department (TRD) | |
| 23 | | Portal | https://tap.state.nm.us | |
| 24 | | SST member | No | |
| 25 | | Skill version | 2.0 | |
| 26 | |
| 27 | **CRITICAL: NM GRT taxes virtually ALL services and most transactions. One of the broadest tax bases in the US (similar to Hawaii GET). Tax is on the seller, not the buyer.** |
| 28 | |
| 29 | ## Section 3 -- Transaction pattern library |
| 30 | |
| 31 | | Pattern | Taxable? | Notes | |
| 32 | |---|---|---| |
| 33 | | General TPP | TAXABLE | | |
| 34 | | Clothing | TAXABLE | No exemption | |
| 35 | | Grocery food | EXEMPT | Deductible from gross receipts | |
| 36 | | Prepared food | TAXABLE | | |
| 37 | | ALL services (including professional) | TAXABLE | NM taxes virtually all services | |
| 38 | | SaaS | TAXABLE | | |
| 39 | | Digital goods | TAXABLE | | |
| 40 | | Healthcare services | DEDUCTIBLE | Specific healthcare deductions available | |
| 41 | | Manufacturing equipment | DEDUCTIBLE | Deduction from gross receipts | |
| 42 | | Prescription drugs | EXEMPT | | |
| 43 | | Resale | DEDUCTIBLE | | |
| 44 | |
| 45 | ## Section 10 -- Prohibitions |
| 46 | |
| 47 | - NEVER call NM's tax a "sales tax" without noting it is a GRT on the seller. |
| 48 | - NEVER assume services are exempt -- NM taxes virtually ALL services. |
| 49 | - NEVER confuse "deduction" with "exemption" -- NM uses deductions from gross receipts. |
| 50 | - NEVER compute any number. |
| 51 | |
| 52 | ## Disclaimer |
| 53 | |
| 54 | Informational only. Review by qualified professional required before filing. |
| 55 | |
| 56 | |
| 57 | --- |
| 58 | |
| 59 | ## Disclaimer |
| 60 | |
| 61 | This skill and its outputs are provided for informational and computational purposes only and do not constitute tax, legal, or financial advice. Open Accountants and its contributors accept no liability for any errors, omissions, or outcomes arising from the use of this skill. All outputs must be reviewed and signed off by a qualified professional (such as a CPA, EA, tax attorney, or equivalent licensed practitioner in your jurisdiction) before filing or acting upon. |
| 62 | |
| 63 | The most up-to-date, verified version of this skill is maintained at [openaccountants.com](https://openaccountants.com). Log in to access the latest version, request a professional review from a licensed accountant, and track updates as tax law changes. |
| 64 |
Run this skill, then get an accountant to check it
After running the full skill pack in your AI agent, sign up and upload your worksheet. We'll connect you with a trusted accountant in our network who can review your numbers before you file.
Quality
Q3: AI-drafted
AI-generated with structure and citations. Not independently verified.
Needs deep research against tax authority websites to reach Q2.
Accountant Review
About
Use this skill whenever asked about New Mexico Gross Receipts Tax (GRT). Trigger on phrases like "New Mexico GRT", "Gross Receipts Tax", "NM sales tax", "NMSA §7-9". NM has a GRT, not a traditional sales tax. ALWAYS load us-sales-tax first.
Use this skill
This skill is open source and free to use in any AI agent. Copy it, download it, or clone the repo. If you find an error, flag it — a licensed accountant will review.