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Nuclear Modernization

New LANL Manager Should Pay Gross Receipts Tax, NM Tax Agency Says

Dan Leone By
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New LANL Manager Should Pay Gross Receipts Tax, NM Tax Agency Says

Incoming Los Alamos National Laboratory manager Triad National Security will indeed have to pay a state gross receipts tax of just over 7 percent, a spokesperson for the New Mexico Taxation and Revenue Department said this week.Triad — a nonprofit organization encompassing nonprofit, tax-exempt senior partners Battelle Memorial Institute, the University of California, and Texas A&M University — should pay the Los Alamos gross-receipts tax rate of 7.3125% for the period beginning July 1, 2018, and ending Dec. 31, 2018,…

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