When buying products with the intent to resell in the state of New Mexico, you can avoid paying sales tax on that purchase by presenting a valid New Mexico resale certificate.
Keep in mind that you should only use a resale certificate when you legitimately plan to resell, rent, or lease items – or use them as parts or ingredients in products for resale. Here’s what you need to know as a seller when using a New Mexico tax exemption certificate, or if one of your customers presents a resale certificate to you for a sales tax exemption.
Source: taxjar.com
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