New management at LANL to pay gross receipt tax

New Mexico
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The group taking over management at Los Alamos National Laboratory will have to pay a crucial tax.

Triad National Security is led by three non-profits.

According to The Santa Fe New Mexican, non-profits are exempt from paying gross receipt taxes.

Los Alamos County estimates it could have lost more than $20 million.

The New Mexico Taxation and Revenue Department reportedly told Triad that gross receipt tax does apply to them.

Triad says they will begin paying taxes on Nov. 1 when they take over the contract.

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