New Mexico Gross Receipts Tax – NMGRT
USANA has signed an agreement—Form TS-22DS—with the New Mexico Taxation and Revenue Department to collect and pay gross receipts taxes on products sold to New Mexico Associates. With this in place, Associates can continue to retail USANA products in New Mexico without worrying about gross receipts taxes on product sales. You can view and print the NMTS-22DS1- 2018 now.
Gross receipts taxes will not be collected on Associate purchases if an exemption certificate has been provided to USANA. You can learn more about gross receipts taxes in New Mexico here.
As a result of a tax ruling in June 2016 by the New Mexico Taxation & Revenue Department, USANA began charging New Mexico Gross Receipts Taxes (NMGRT) on product sales to Preferred Customers residing in New Mexico. Prior, USANA’s product sales to Preferred Customers in New Mexico were considered nontaxable sales and this tax did not apply; however, with the June 2016 ruling, all New Mexico sales are subject to the NMGRT.
It is important to note that USANA does NOT collect and remit gross receipts taxes associated with commissions earned by New Mexico resident Associates. With the June ruling, all commissions earned by New Mexico resident Associates related to sales of products into New Mexico are subject to NMGRT. Commissions from sales of products to non-New Mexico residents are not subject to NMGRT under the Gross Receipts and Compensating Tax Act Regulations, Section 7-9-55 and 7-9-66.
We encourage all New Mexico Associates to meet with their local tax advisors to determine whether their commissions are subject to gross receipts taxes, and if so, how much and how best to comply with the gross receipts tax reporting requirements.
Please remember, it is each Associate’s responsibility to learn and comply with local laws and regulations. Please utilize your Associate leaders for assistance with finding tax advisors and understanding these requirements. If helpful, USANA can provide a report showing commission points earned from New Mexico resident Associates and Preferred Customers versus commission points earned from Associates and Preferred Customers not residing in New Mexico. To request a report, please e-mail tax.verification@usanainc.com.
Last modified: May 7, 2024
