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WebNew Mexico FYI-240 Taxation and Revenue Department FOR YOUR INFORMATION Tax Information/Policy Office ♦ P.O. Box 630 ♦ Santa Fe, New Mexico 87504-0630 . TRANSACTIONS WITH GOVERNMENT AGENCIES . This FYI discusses New Mexico’s Gross Receipts and Compensating Taxes as they relate to transactions in New Mexico … Web25% of direct production and direct postproduction expenditures made in New Mexico that are subject to taxation by the state of New Mexico and directly attributable to the … rw processor\u0027s
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