• All businesses must report using the Village of Taos Ski Valley Tax Increment Development District CRS location code of 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. ALL businesses that formerly used the Village location code should now be using the TIDD location code of 20-430.

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 as of July 1, 2025 is 9.4375 %. The next rate updates will be scheduled for 7/1/2026.

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 can view the rate schedule and new location code at the New Mexico Tax and Revenue Department web site:                 Tax Tables : Businesses

(https://www.tax.newmexico.gov/businesses/tax-tables/)

Please call Village of Taos Ski Valley Clerk Marlene Salazar at 575-776-8220 extension 505 with any questions.

Current GRTX and Lodger’s Tax summaries are provided each month in the Council Meeting Packet:

Village Government-Village Council-Council Meetings: Agendas & Minutes