New Mexico Register / Volume XXXIII, Issue 15 / August 9, 2022
NOTICE OF PROPOSED RULEMAKING AND
PUBLIC RULE HEARING
The New Mexico Taxation and
Revenue Department hereby gives notice as required under Section 14-4-5.2 NMSA
1978 and 1.24.25.11 NMAC that it proposes to enact, amend, and repeal and
replace rules to provide guidance on digital
advertising, treatment of cannabis under certain rules, as well as removing
outdated language about reimbursed expenditures, as authorized by Section 9-11-6.2
NMSA 1978:
Summary of
Proposed Changes:
The New Mexico Taxation and
Revenue Department proposes to amend the following rule(s):
Tax
Administration Act, Section 7-1-14 NMSA 1978
3.1.4.13 NMAC - Reporting According to Business Location
Gross
Receipts and Compensating Tax Act, Section 7-9-3.5 NMSA 1978
3.2.1.19 NMAC - Gross Receipts - Receipts of Agents
The New Mexico Taxation and Revenue Department proposes to
repeal and replace the following rule(s):
Gross Receipts and Compensating Tax Act, Section 7-9-18 NMSA
1978
3.2.106.7
NMAC - Definitions
Gross
Receipts and Compensating Tax Act, Section 7-9-55 NMSA 1978
3.2.213.7 NMAC - Definitions
3.2.213.9 NMAC - Broadcasting and Related Advertising
The New Mexico Taxation and
Revenue Department proposes to enact the following rule(s):
Gross
Receipts and Compensating Tax Act, Section 7-9-18 NMSA 1978
3.2.106.15 NMAC - Cannabis
Gross
Receipts and Compensating Tax Act, Section 7-9-55 NMSA 1978
3.2.213.13 NMAC Receipts of a Digital
Platform That Displays Digital Advertising
Technical
Information: No technical information was consulted in
drafting these proposed rule changes.
Purpose of
Proposed Rule: The proposed rules are being enacted, amended,
repealed, and repealed and replaced to provide guidance on digital advertising,
treatment off cannabis under certain rules, as well as removing outdated
language about reimbursed expenditures.
Notice of
Public Rule Hearing: A public hearing will be held on the proposed
rule changes on September 8, 2022 at 10:00AM through
the internet, email, and telephonic means.
The Public Hearing will be
accessible via Zoom https://us02web.zoom.us/j/84355521638?pwd=SnViVlRaUjU2amwrSXNUN2NDUENsUT09
or by telephone by dialing 1 346 248 7799 Meeting ID: 843 5552 1638 Passcode:
543446. Any oral comments made
during this hearing will be recorded and any electronic written comments can be
submitted during the hearing at policy.office@state.nm.us.
The proposals were placed on file
in the Office of the Secretary on July 28, 2022. Pursuant to Regulation 3.1.2.9
NMAC under Section 9-11-6.2 NMSA 1978 of the Taxation and Revenue Department
Act, the final of the proposals, if filed, will be filed as required by law on
or about October 11, 2022.
Individuals with disabilities who
need any form of auxiliary aid to attend or participate in the public hearing
are asked to contact Alicia Romero at Alicia.Romero@state.nm.us. The Taxation and Revenue Department will make
every effort to accommodate all reasonable requests but cannot guarantee
accommodation of a request that is not received at least ten calendar days
prior to the scheduled hearing.
Copies of the proposed rules may
be found at www.tax.newmexico.gov/proposed-regulations-hearing-notices.aspx or
are available upon request by contacting the Tax Policy Office at
policy.office@state.nm.us.
Notice of
Acceptance of Written Public Comment: Written
comments on the proposals can submitted by email to policy.office@state.nm.us
or by mail to the Taxation and Revenue Department, Tax Information and Policy
Office, Post Office Box 630, Santa Fe, New Mexico 87504-0630 on or before
September 8, 2022. All written comments
received by the agency will be posted on www.tax.newmexico.gov no more than 3
business days following receipt to allow for public review.