A gemstone or gem (also called a fine gem, jewel, or a precious or semi-precious stone) is a piece of mineral crystal, which, in cut and polished form, is used to make jewelry or other adornments. few gemstones are used as gems in the crystal or other form in which they are found. Most however, are cut and polished for usage as jewelry. The picture to the right is of a rural, commercial cutting operation in Thailand. This small factory cuts thousands of carats of sapphire annually.
Download all New Mexico sales tax rates by zip code. The Albuquerque, New Mexico sales tax is 7.00% , consisting of 5.13% New Mexico state sales tax and 1.88% Albuquerque local sales taxes.The local sales tax consists of a 1.88% city sales tax. 1  The Albuquerque Sales Tax is collected by the merchant on all qualifying sales made within Albuquerque.
Coming soon to a retail store near you is the annual New Mexico Gross Receipts Tax Holiday. This year itâs August 5-7, and if you have school-age children, itâs nothing short of a bonanza. For that weekend the state suspends collection of gross receipts tax on sales of qualifying items so you can buy the items tax free.