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<p>[QUOTE=&quot;TheMont, post: 2970440, member: 80121&quot;]The Gross Receipts tax in NM is paid by the buyer, not the Seller. It is added onto and computed on the total sale, so it is a separate line item at the end of the bill you receive. The main problem is pyramiding, the producer of an item pays the tax to the supplier of the items needed to make the item, when he sells the completed product to the person who will sell it, Gross receipts tax is added. The person who will then sell the item to the public then charges the Gross receipts tax to the Buyer of the item.[/QUOTE]</p><p><br /></p>

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