To All Entities Engaged in Business in the Village of Taos Ski Valley, New Mexico
Former CRS location code 20-414
New Tax Increment Development District CRS location code 20-430
The Village of Taos Ski Valley Tax Increment Development District (TIDD) was formed on July 1, 2015. The new tax location code 20-430 was created by the New Mexico Tax and Revenue Department for use by all entities engaged in business within the TIDD boundary for use when reporting gross receipts tax. Every business that formerly reported using the Village of Taos Ski Valley location code should now report under the Village of Taos Ski Valley TIDD code.
For any gross receipts tax generated beginning July 1, 2015, the Village of Taos Ski Valley TIDD location code 20-430 should be used instead of Village of Taos Ski Valley location code 20-414. The tax rate has not changed and remains at 8.6875%
An amended report should be submitted if taxes have been filed using the former location code for July 2015.
This information was included in the CRS Filer’s kit that was sent by the New Mexico Tax and Revenue Department before the beginning of this quarter. Taxpayers who file online are able to view the rate schedule and new location code at the New Mexico Tax and Revenue Department web site:
Choose Gross Receipts Tax, then choose Current Year Gross Receipts Tax Schedule – Revised, then choose July – December 2015. Scroll down to the second page.
Please call Village of Taos Ski Valley Clerk Ann Wooldridge at 575-776-8220 extension 3#, or Finance Director Nancy Grabowski at 575-776-8220 extension 2# with any questions.