Persons or businesses that must obtain an OGRID include those that produce:Ī Business Tax Identification Number is not required for those who must pay withholding tax on oil or gas proceeds payments to nonresidents of New Mexico for wells located in this state. For information about obtaining an OGRID, please contact our Oil and Gas Bureau at (505) 827-0812. This is different from a Business Tax Identification Number. Oil and GasĪ person or business that produces oil and gas must obtain an Oil and Gas Reporting Identification Number (OGRID). Leased Vehicle Gross Receipts Tax and SurchargeĮach Business Tax Identification Number is used to report and pay tax collected on the above programs from business conducted in New Mexico.Interstate Telecommunication Gross Receipts Tax.You will receive individual state tax ID numbers for the following accounts if they apply to your business: For a person who lacks physical presence in this state, including a marketplace provider, “engaging in business” means having, in the previous calendar year, total taxable gross receipts from sales, leases and licenses of tangible personal property, sales of licenses and sales of services and licenses for use of real property sourced to this state pursuant to Section 7-1-14 NMSA 1978, of at least one hundred thousand dollars ($100,000).Īfter registering you will receive a New Mexico Business Tax Identification Number. “Engaging in business” means carrying on or causing to be carried on any activity with the purpose of direct or indirect benefit. Listen to Down to Business for in-depth discussions and insights into the latest in Canadian business, available wherever you get your podcasts.Anyone who engages in business in New Mexico must register with the Taxation and Revenue Department. Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at or hit reply to send us a note. Today’s Posthaste was written by Noella Ovid, with additional reporting from The Canadian Press, Thomson Reuters and Bloomberg. But lest you panic, tax expert Jamie Golombek has a guide on how to file on time despite the strike, and what to expect in terms of CRA’s processing time and reduced services. The decision to strike by the Public Service Alliance of Canada – Union of Taxation Employees (PSAC-UTE) involving some 39,000 Canada Revenue Agency employees could not have come at a worse time for taxpayers, millions of whom are still scrambling to complete and file their 2022 tax returns by the filing deadline.
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