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New Mexico Taxation and Revenue Department P. O Box 5557 Santa Fe, New Mexico 87502-5557 ACD--31050 REV. 4-2013 www.tax.newmexico.gov/ INSTRUCTIONS FOR NONTAXABLE TRANSACTION CERTIFICATES REQUIREMENTS:
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What is application for nontaxable transaction?
An application for nontaxable transaction is a form used to request exemption from sales tax on a specific transaction.
Who is required to file application for nontaxable transaction?
Any individual or organization who believes they qualify for a sales tax exemption on a transaction is required to file an application for nontaxable transaction.
How to fill out application for nontaxable transaction?
To fill out the application for nontaxable transaction, one must provide detailed information about the transaction, including the reason for the exemption and any relevant supporting documents.
What is the purpose of application for nontaxable transaction?
The purpose of the application for nontaxable transaction is to verify that the transaction qualifies for a sales tax exemption as per the tax laws.
What information must be reported on application for nontaxable transaction?
The application for nontaxable transaction must include details about the transaction, the parties involved, the reason for the exemption, and any supporting documentation.
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