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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
Close up illustration of atomic particle for nuclear energy imagery

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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