New Mexico | 4.88% |
Bernalillo County | 0.00% |
City + District Rates Range | 1.31% – 3.20% |
Combined Sales Tax Rates Range | 6.19% – 8.88% |
Businesses are required to collect sales tax in Bernalillo if they have a sales tax nexus in New Mexico and sell to residents of Bernalillo, whether at a physical location within the county or online.
Physical Nexus: This occurs when a business has a tangible presence in the state. Examples include having a store, warehouse, office, or employees in New Mexico if your business operates any of these within the state, you have a physical nexus and must collect sales tax from customers in Bernalillo. Economic Nexus: This is based on the volume of sales or number of transactions a business conducts in the state. For instance, if your business exceeds a certain threshold of sales or transactions in New Mexico which is often defined as a specific dollar amount or number of transactions, you establish economic nexus. This means even if you don’t have a physical presence in the state, you are still required to collect sales tax from customers in Bernalillo County.