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New Mexico Gross Receipts Tax Evasion Case

New Mexico Gross Receipts Tax Evasion Case Kevin L. Sears, a hunting outfitter, faces a “…maximum sentence of six years in prison and $60,000 in fines,” if convicted on all charges of tax fraud and...

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New Mexico Locomotive Fuel Sales Tax Exemption

New Mexico passed HB 120, a bill that offers a gross receipts tax exemption on locomotive fuel for those that make capital investments in railroad infrastructure.  To qualify for the exemption, a...

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