New Mexico – Taxpayer Did Not Produce Sufficient Evidence to Support Claimed Deductions

SALT Report 3132 – In a recent ruling the state of New Mexico rejected a taxpayer’s claim for deductions from gross receipts taxation pursuant to NMSA 1978, Section 7-9-54 (2003) and under NMSA 1978, Section 7-9-60 (2007) for lack of Continue reading New Mexico – Taxpayer Did Not Produce Sufficient Evidence to Support Claimed Deductions