The New Mexico Tax and Revenue Department has released new guidance defining “marketplace providers,” as it pertains to the sale of lodgings or accommodations and outlining the tax responsibilities of those providers. The new state bulletin notes that anybody who lists their own property for rental is subject to New Mexico gross receipts taxes and “other tax programs administered by municipalities and counties such as Lodgers’ Tax.”
The City of Roswell requires all hotels, motels and short-term rentals to provide monthly payment of Lodgers’ Tax equal to 5 percent of gross receipts. Short-term rental owners should:
— Register their properties by using the registration form located at https://www.roswell-nm.gov/DocumentCenter/View/9211/Short-Term-Rentals-Permit-and-Registration-pdf?bidId=
— Submit monthly Lodgers’ Tax payments with the reporting form located at https://www.roswell-nm.gov/…/Lodgers-Tax-Reporting-Form…
The Tax and Revenue Department’s full bulletin can be found at (https://klvg4oyd4j.execute-api.us-west-2.amazonaws.com/…)
Original source can be found here.
