Albuquerque Journal: NM cities miss out on Amazon tax payments

New Mexico is one of seven states in which Amazon is not collecting local sales taxes, even though the retail giant agreed last year to pay taxes to the state, according to a report released Monday.

That’s because New Mexico has tax laws that prevent local collections, said the report by the Institute on Taxation and Economic Policy, a non-partisan research group.

And that presents yet another reason why New Mexico needs tax reform, said Sen. John Arthur Smith, a Deming Democrat and chairman of the Senate Finance Committee. “I think local governments have a legitimate claim, quite frankly,” Smith said. Read more

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