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Corporations that generate income from activities or sources in New Mexico and that are required to file federal income tax returns as corporations must pay corporate income tax to the state. [14] Corporate income is taxed at the rate of 4.8% for the first $500,000, 6.4% for the next $500,000 (up to total income of $1 million), and 7.6% for ...
When it comes to property taxes on your home, you want to pay the lowest amount possible. Find out how to calculate property taxes and ways to lower your bill. ... personal property tax payments ...
New Mexico Taxation and Revenue Department; Department overview; Type: Taxation & Revenue Services: Jurisdiction: State of New Mexico: Headquarters: 1100 South St. Francis Drive Santa Fe, New Mexico 87504-1028: Employees: 803: Annual budget: US$ 90,078,526.00 [1] Department executive
New Mexico is a state located in the Western United States. According to the 2020 United States Census, New Mexico is the 15th least-populous state with 2,117,522 inhabitants [1] but the 5th-largest by land area, spanning 121,298.15 square miles (314,160.8 km 2). [2] New Mexico is divided into 33 counties and contains 106 municipalities ...
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A municipality may call itself a: village, town, or city. [2] There is no distinction in the statutes and no correlation to any particular form (Mayor-Council, Commission-Manager, etc.). Unless provided otherwise in a municipality's charter, municipal elections are held on the first Tuesday in March of every even-numbered year. [ 3 ]
In 2004, Eichenberg served as the property tax director for the New Mexico Taxation and Revenue Department during the tenure of Bill Richardson. [1] In his position, he supervised the work of all New Mexico county assessors. Eichenberg was elected to the New Mexico Senate in 2008 and assumed office in January 2009. [3]