New Mexico

Sales Tax Rules

4.875%

State Rate

9.063%

Max Combined

Taxable

SaaS

$100k

Nexus Threshold

Full Tax Details

State Sales Tax Rate4.875%

Max Combined Rate9.063%

Economic Nexus (Sales)$100,000

Economic Nexus (Transactions)N/A

SaaS TaxableYes

Digital Goods TaxableYes

Groceries ExemptYes

Clothing ExemptNo

Filing FrequencyMonthly, Quarterly, or Annual

Online FilingAvailable

SaaS Tax Details

SaaS is taxable under Gross Receipts Tax (GRT) as a license or service.

Grocery Details

Groceries are generally deductible for retailers; prepared foods are taxable.

Official Source

New Mexico Department of Revenue

Last verified: 2026-03-26 · Always confirm current rates with your tax advisor before filing.