The Eastern New Mexico News - Serving Clovis, Portales and the Surrounding Communities

Gross receipts tax hampers state businesses

 


In case you missed it, Clovis’ gross receipts tax rose to 7.5625 percent on July 1.

This is due to the statewide .125 percent increase passed by the Legislature earlier this year to help close the state’s budget deficit.

While the hike may s...



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