Los Alamos National Lab: Triad to pay GRT Tax

Los Alamos Deputy County Manager Steve Lynne (left) visits with Scott Sudduth, the assistant vice chancellor for Texas A&M University’s office of federal relations, at a community meeting hosted by Triad National Security, LLC, Wednesday at Fuller Lodge.

By Bennett Horne, Los Alamos Monitor.

Triad National Security, LLC, the new contractor for Los Alamos National Laboratory, announced to the community Wednesday the corporation will be paying gross receipts taxes.The announcement is expected to ease the concerns of Los Alamos County officials who faced budget deficits of millions of dollars without the GRT income.

Deputy County Manager Steve Lynn told Los Alamos County Council in July the county could have lost an estimated $22 million in GRT taxes, according to the latest figures released by the state Legislature.

Triad is scheduled to take over management of the lab November 1.

“Triad to pay GRT Tax”. Los Alamos Monitor, US. Retrieved August 22, 2018.

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