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Date ArticleType
6/16/2021 Webinar
Webinar - Get your GRT Reimbursement Here!

Click here for webinar link: Get your GRT Reimbursement!

Tax Policy Director Mark Chaiken and Audit and Compliance Deputy Director Tiffany Smyth of the Taxation and Revenue Department are on this webinar to help answer your questions about the Gross Receipts Tax Deduction/Rebate for NM restaurants. Only 500 restaurants have taken advantage of this generous deduction from the state. We want to make sure everyone who can take this deduction is getting this benefit.
In this webinar, you will find out:
• If your restaurant qualifies for this deduction
• How to report so you can keep your GRT for March, April, May, and June of 2021
• How to amend your reports if you have not taken the deduction for prior months.
• Bonus material: Changes to the new reporting form starting in July of this year, and how to deal with the new destination sourcing rules for delivery.

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