Current through Register Vol. 35, No. 18, September 24, 2024
A.
TAXPAYER IDENTIFICATION:
(1) The
secretary shall cause to be developed and maintained multiple systems for the
registration and identification of taxpayers who are subject to taxes or tax
acts listed in Section
7-1-2 NMSA 1978 and
taxpayers shall comply therewith. The systems shall include application forms
combining tax programs whenever feasible. The systems shall include an
identification number for each individual taxpayer using a state assigned
number, federal social security number, federal employer identification number
or a combination of these numbers for cross-reference purposes. The systems
shall be devised to facilitate the exchange of information with other states
and the United States, and to aid in statistical computations. Nothing
contained in Section
7-1-12
NMSA 1978 precludes the secretary from utilizing electronic data processing
programs to manage registration and identification systems.
(2) The secretary shall include in
registration and identification systems a dimension enabling the department to
identify purchasers or lessees who, by reason of their status or the nature of
their use of property or service purchased or leased, may be entitled to make
nontaxable transactions and shall include a procedure for providing nontaxable
transaction certificates (NTTCs) to persons not otherwise required to be
registered but who, because of the nature of their transactions with New Mexico
businesses, must provide NTTCs pursuant to the provisions of the Gross Receipts
and Compensating Tax Act.
B.
REGISTRATION OF PERSONS FILING
INCOME TAX AND ESTATE TAX: Persons who file income or estate tax returns
for the purpose of declaring tax payable or refunds or rebates due are not
required to preregister with the department by application to secure an
identification number. The filing of a tax return containing a federal social
security number shall constitute registration for the purposes of Section
7-1-12
NMSA 1978 and Subsection
7-1-8
Q NMSA 1978.
C.
AMENDMENT OF
REGISTRATION BY SECRETARY:
(1) When
the secretary determines that a taxpayer registration incorrectly identifies
the ownership or the type of ownership of a business by either omission or
misinformation, the secretary shall amend the registration to show the correct
information.
(2) Notice of such
amendment shall be made by mail to the registered taxpayer, and in those cases
where the secretary amends the ownership to add new parties, notice shall also
be mailed to those new parties which have been registered pursuant to
department action.
(3) Notice of
such action shall contain information with respect to remedies available under
Section
7-1-24
NMSA 1978.
D.
TAX
IDENTIFICATION NUMBER ISSUED BY INTERNAL REVENUE SERVICE: A tax
identification number issued by the internal revenue service to individuals not
qualified to be issued a social security number will be accepted by the
department in lieu of the social security number in all cases in which
reporting a social security number is required under the Tax Administration Act
or any tax or tax act administered by the department in accordance with the Tax
Administration Act.
