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<p>[QUOTE=&quot;justafarmer, post: 2970201, member: 3926&quot;]I am not familiar with New Mexico Gross Receipts Tax Statutes but more than likely the tax levy is imposed on the seller and state law does not require providing a receipt to the purchaser indicating tax collected as a separate line item. Could get a little messy for you in a Use Tax situation due to your receipt not having the tax on it. Use Tax Codes generally provide an exemption for transactions subject to a State&#039;s Sales Tax. Usually providing a receipt showing the tax is sufficient in meeting your burden in establishing that exemption. Absent of such a receipt you would be further burdened with establishing the coin purchase transaction was subject to your State&#039;s Gross Receipts Tax levy. If the Coin Shop is brick and mortar conducting business within your state - meeting that additional burden wouldn&#039;t be very difficult.[/QUOTE]</p><p><br /></p>

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