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Tax & Rev Location Codes

Effective July 1, 2025, any business operating within one of Albuquerque’s designated Tax Increment Financing (TIF) districts must report gross receipts tax (GRT) using the district’s assigned Location Code.

Each Tax Increment Financing (TIF) district has a unique location code that must be used when filing gross receipts tax (GRT) for business activity conducted within its boundary. These updates ensure that tax revenue generated in each area is reinvested directly into that community through infrastructure, beautification, business support, and housing improvements.

Albuquerque's designated TIF districts:

This change does not affect the tax rate; it only changes the reporting code used during tax filing. 

Downtown TIF District

  • New Location Code: 02-701
  • Effective Date: July 1, 2025

If your business operates, provides services, or conducts taxable activity within the Downtown TIF boundary, this change applies to you.

The New Location Code 02-701 applies to:

  • Any business with a physical location in Downtown, including franchises
  • Any business that provides services to customers in Downtown
  • Anyone who rents or sells a property in Downtown
  • Any construction or construction-related services in Downtown

View the interactive map to confirm whether your activity falls within the TIF district.

West Central TIF District

  • New Location Code: 02-703
  • Effective Date: July 1, 2025

If your business operates, provides services, or conducts taxable activity within the West Central TIF boundary, this change applies to you.

The New Location Code 02-703 applies to:

  • Any business with a physical location in the West Central MRA, including franchises
  • Any business that provides services to customers in the West Central MRA
  • Anyone who rents or sells a property in the West Central MRA
  • Any construction or construction-related services in the West Central MRA

View the interactive map to confirm whether your activity falls within the TIF district.

How to File:

Use the State of New Mexico's Taxpayer Access Point (TAP) portal or any approved GRT reporting method.

Why it Matters:

Using the correct location code ensures local tax revenue is captured and reinvested back into the TIF district where it was generated. These investments may include:

  • Improved lighting and streetscapes
  • More boutique grants for businesses
  • Beautification projects
  • Infrastructure improvements, such as better sidewalks and public amenities
  • New housing

Need Help?

Explore the map and access resources below to determine if your business falls within the TIF boundary.

Contact NM Taxation & Revenue for filing assistance:
Phone: 1-866-285-2996
Address: 10500 Copper Ave. NE, Suite C, Albuquerque, NM 87123