Tax Free Weekend 2024 New Mexico Tax. New mexico governor michelle lujan grisham says new mexicans can save up to 8% or more on purchases this weekend. $30 worth of school supplies, $00 in clothing, $500 in computer equipment,.
While new mexico levies a gross receipts tax (similar to a sales tax) that businesses typically pass on to customers, the state offers two tax breaks. State law defines it as taking place โduring the first weekend of.