New Mexico Non Taxable Transaction Certificates (NTTCs)
| Exemption Reason | Form | Issued By | XMPT Delivery |
|---|---|---|---|
| All exemptions | NTTC | State | Forward |
Multi-state forms available:
| Form | Issued By | XMPT Delivery | Revision |
|---|---|---|---|
| MTC Uniform Sales Tax Certificate | Purchaser | Create | October 14, 2022 |
| BSC Border States Commission | Purchaser | Create | October, 1995 |
Notes
- NTTCs are unique to New Mexico’s gross receipts tax system, while standard exemption certificates serve similar purposes across most other states.
- NTTCs are designed for New Mexico’s gross receipts tax deductions, while standard certificates exempt purchases from sales tax.
- With NTTCs, sellers are liable for gross receipts tax but are protected if they accept an NTTC in good faith.
- NTTCs are obtained online via New Mexico’s Taxpayer Access Point (TAP) or as paper forms, requiring a New Mexico Business Tax Identification Number (NMBTIN).
- NTTCs (Series 1992) have no expiration date and cover all similar transactions with a customer. Standard certificates often have expiration dates and require periodic renewal.
- NTTCs allow resellers to avoid gross receipts taxes, but resale certificates from other states aren’t accepted in New Mexico.
- NTTCs allow alternative evidence for many deductions, except for specific cases requiring Type 11 or Type 12 NTTCs. Standard certificates typically don’t rely on alternative evidence.