About taxes in New Mexico
In May 2023, I formed an LLC in Albuquerque, New Mexico. In December 2023, I received an EIN number. Our company works in the software industry and provides software services to clients in Europe. For the services provided by our company, our clients in Europe will pay to the company account. What kind of taxation will apply in this case? For example, if a total of 50.000 usd is invoiced for 1 year, how much tax do I have to pay? Also, how much tax rate should I reflect on each invoice?
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