92.7 F
Monday, May 20, 2024

Residents reminded of new GRT rate

Related stories

Bulldogs advance to state semis, Lady ‘Dogs go 1-1 to stay alive

The Bulldog baseball team advanced to the Class 4A...

Sitting Bull Falls gate to reopen under modified hours

ALAMOGORDO -- The U.S. Forest Service has announced Thursday,...

ARTESIA — New Mexicans are being reminded that the state’s Gross Receipts Tax (GRT) rate dropped from 5.125% to 5%, effective July 1.

With the decrease, Artesia’s GRT dropped from 7.8958% to 7.7708%. Other Eddy County GRT rates include 7.5208% in Carlsbad, 6.7083% in Hope, 7.5083% in Loving, and 5.8333% in the remainder of the county.

Another one-eighth of 1% reduction to the statewide rate will take effect July 1, 2023.

Join the Artesia Daily Press Newsletter

Stay informed with the latest Artesia news and updates, directly in your inbox. Subscribe now!


Latest stories