NM GOP Representative Calls for GRT Deferral

  The following is a release from Rep. Powdrell-Culbert: GOP Rep. Powdrell-Culbert Calls for GRT Deferral During COVID-19 Crisis in New Mexico Corrales, NM – The New Mexico Taxation and Revenue Department announced recently that it was granting a time extension until July 25, 2020 for small businesses to file tax returns and payments for […]

Tax Officials Ask New Mexico Lawmakers To Push Back Bill’s Date For Legal Pot Sales

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Tax Officials Ask New Mexico Lawmakers To Push Back Bill’s Date For Legal Pot Sales

By ANDREW OXFORD
aoxford@sfnewmexican.com

When it comes to legalizing cannabis for recreational use, those responsible for running state government have a warning for lawmakers: Not so fast.

The proposed legislation calls for the state to begin licensing retailers as soon as January 2020. But the state Taxation and Revenue Department has told lawmakers the deadline is unfeasible and asked that they push it back to 2021.