New Mexico – Taxpayer Rights During an Audit or Protest

SALT Report 3096 – The New Mexico Taxation and Revenue Department revised a publication that discusses the rights a taxpayer possesses when under audit or when protesting an assessment.  In New Mexico, taxpayers are protected by an extensive bill of Continue reading New Mexico – Taxpayer Rights During an Audit or Protest

New Mexico – Overview of Gross Receipts and Compensating Taxes

SALT Report 2906 – The New Mexico Taxation and Revenue Department released a publication that discusses the gross receipts and compensating taxes. The publication includes a description of gross receipts and compensating taxes; exemptions, deductions and credits available for each type Continue reading New Mexico – Overview of Gross Receipts and Compensating Taxes

New Mexico – Taxpayer’s Alternative Energy Product Tax Credit Denied

SALT Report 2855 – A New Mexico Department of Taxation and Revenue hearing officer issued a ruling regarding a Taxpayer’s application for the alternative energy product manufacturer’s credit against its combined tax liabilities because the Taxpayer did not meet the Continue reading New Mexico – Taxpayer’s Alternative Energy Product Tax Credit Denied

New Mexico – Sales of Cloud-Based Applications and Software

SALT Report 2828 – The New Mexico Taxation and Revenue Department issued a ruling regarding the application of gross receipts tax to cloud based applications and services. To provide these services, the Taxpayer licenses the software from a third-party, and Continue reading New Mexico – Sales of Cloud-Based Applications and Software

New Mexico – Taxpayer Options for Protests and Claims for Refund

SALT Report 2825 – The New Mexico Taxation and Revenue Department updated its publication regarding the procedures that must be followed when disputing a tax liability or other administrative action.  Under the provisions of the New Mexico Tax Administration Act Continue reading New Mexico – Taxpayer Options for Protests and Claims for Refund

New Mexico – Rules Related to Manufacturing

SALT Report 2628 – The New Mexico Taxation and Revenue Department has amended certain gross receipts and use tax rules related to manufacturing and issued a new rule regarding tools used by manufacturers. Amended Rules Rule 3.2.204.10 – This rule Continue reading New Mexico – Rules Related to Manufacturing

New Mexico – Guidance for Nonprofit Organizations

SALT Report 2581 – The New Mexico Taxation and Revenue Department has revised its publication that helps non-profit organizations determine which federal and New Mexico tax reporting obligations are required for their specific tax exempt organization and activities. The publication Continue reading New Mexico – Guidance for Nonprofit Organizations

New Mexico – Remote Seller Tax Bill Introduced

2/25/2013 SALT Report 2187 – The New Mexico Senate introduced legislation that, if passed, will require remote sellers to pay gross receipts tax. The legislation also amends the definition of “engaged in business” in New Mexico to include those se… Continue reading New Mexico – Remote Seller Tax Bill Introduced

New Mexico – Taxability of Licenses to Use an Online Database

2/19/2013 SALT Report 2162 – The New Mexico Taxation Department issued a Revenue Ruling regarding the taxability of software licenses sold in New Mexico. The Taxpayer in this case, provides its customers with access to an online database when they… Continue reading New Mexico – Taxability of Licenses to Use an Online Database

Ohio – Update Regarding Taxable Receipts from the Sale of Motor Fuel Used on Public Highways

2/12/2014 SALT Report 2140 – On December 7, 2012 the Ohio Supreme Court ruled that any funds the Department of Taxation collects from the gross receipts involving motor fuel used on public highways must be used for public highway purposes. Therefo… Continue reading Ohio – Update Regarding Taxable Receipts from the Sale of Motor Fuel Used on Public Highways