| Share | Rate |
|---|---|
| State of New Mexico | 4.875% |
| Roosevelt County increment | 1.50% |
| Portales municipal increment | 2.175% |
| Combined rate, location code 11-119 | 8.55% |
The state share is 4.875% everywhere in New Mexico. The rest is county and municipal increments set by location code.
New Mexico has no sales tax. Gross receipts tax is owed by the seller on business receipts, and most sellers pass it through, so it reads like a sales tax on a receipt. Rates are generally sourced to the address where the goods or the product of the service are delivered, and local rates change once a year, on July 1. See the full rate lookup or GRT is not a sales tax. This page is general information, not tax advice.