NM Tax-Free Holiday This Weekend
LAS CRUCES- Las Cruces and all New Mexico residents will be able to save money on back-to-school shopping during New Mexico’s seventh annual tax holiday this weekend.
The holiday begins 12:01 a.m. on Friday, August 5 and continues until midnight on Sunday, August 7, 2011, according to the New Mexico Taxation and Revenue Department.
To qualify for the deduction, clothing or shoes must be priced at less than $100 per unit. The price limit for desktop, laptop or notebook computers is $1,000, and for related computer hardware it is $500. School supplies for use in standard, general-education classrooms must be under $15 per unit.
For a complete list of taxable and non-taxable items click here.
For more information, call NMTRD’s Santa Fe office at 505.490.0976. Or, call the Las Cruces NMTRD office at 575.524.6225.