2011

04/11/2011 11-10 The Taxpayer is a limited liability company in good standing organized under the laws of Delaware, with all of its operations, facilities and personnel located outside of New Mexico.  The Taxpayer is a leading internet-based retailer of...

03/17/2011 11-09 The Taxpayer is an “S” corporation, incorporated in South Carolina and doing business in New Mexico.  The Taxpayer does not have a retail office, representatives, dealers, or a sales office in New...

03/15/2011 11-08 The Taxpayer was a state-licensed jockey agent in tax years 2005 and 2006.  The Taxpayer believed that her income, a percentage of her jockey-client’s purse earnings, was exempt from gross receipts taxes because she was a...

03/14/2011 11-07 The Taxpayer was engaged in business in New Mexico in 2005 and 2006, providing installations to other companies, who resold those services to its customers.  The Taxpayer did not report the proceeds of those services as part of its gross...

03/08/2011 11-06 The Taxpayer, operated a sole proprietorship business, having leased advertising space at the Four Corners Regional Airport in Farmington and re-leased that space to others.  The agreement with the City of Farmington included language...

02/10/2011 11-04 The Taxpayer was a New Mexico resident in 2005 and 2006 and received retirement income distributions in those years.  The Taxpayer failed to file personal income tax returns with the Department for 2005 and 2006.  The...

02/09/2011 11-05  The Taxpayer was engaged in business in New Mexico in 2007 and was required to file and pay gross receipts tax monthly.  The Taxpayer relied on its bookkeeper in 2007 to prepare and file the reports and payments....

01/24/2011 11-02 The Taxpayer is a parent corporation for three subsidiary corporations.  On or about September 15, 2000, each of the subsidiaries filed separate New Mexico corporate income tax returns for the 1999 tax year.  The IRS later...

01/07/2011 11-01 The Taxpayer moved to New Mexico in 2006 having earned income in both New Mexico and Nebraska. For the 2006 tax year, the Taxpayer filed a federal personal income return, indicating gross receipts on a Schedule C, filed a Nebraska return, but was a...