Tax Free Weekend In New Mexico

posted by Tony Manero - 

The tax holiday begins at 12:01 a.m. on the first Friday of August and concludes on the following Sunday at midnight. During that time the law provides a deduction from gross receipts for retail sales of qualifying tangible personal property; in effect allowing the retailer to sell the items “tax free.” 

From crayons to clothes to computers, those new school supplies in your cart will be tax-free this weekend.

The tax holiday went into effect at midnight and ends Sunday at midnight. For a full list of qualifying items go to http://www.tax.newmexico.gov/tax-holiday.aspx, or just CLICK HERE

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