Jun 9 in General discussion
New Mexico Digital Advertising Tax
Hi,
Last month I was running Amazon Ads with my NM LLC for a physical product on the Amazon.com marketplace. I was expecting to see 4.8% gross receipts tax added to my invoice amount. But to my surprise, Amazon Advertising LLC (Seattle, WA) did't add any tax. My invoice address is clearly NM (Albuquerque) and my credit card on file has the same NM address.
Don't get me wrong, I am happy about that. 4.8% in the long run make a huge difference in advertising expenses.
Just curious about the tax specifics. Any explanation?
Cheers
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New Mexico Digital Advertising Tax
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