Ad
related to: tap new mexico taxation and revenue
Search results
Results From The WOW.Com Content Network
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 ...
Dec. 11—Some 16,700 tax rebate checks from 2022 totaling $6 million were returned to the New Mexico Tax and Revenue Department as undeliverable. The checks were part of the three rounds of ...
Apr. 1—Anyone who's already filed their taxes by now should be basking in the glow of a job done early. But the taxman might not be done with you yet. New Mexico Taxation and Revenue Department ...
The largest revenue source to New Mexico's general fund is the gross receipts tax, or GRT. Lucinda Sydow, chief economist for the tax department, said it amounted to $4.1 billion in fiscal year 2024.
New Mexico Taxation and Revenue Department; Department overview; Type: Taxation & Revenue Services: Jurisdiction: State of New Mexico: Headquarters: 1100 South St. Francis Drive Santa Fe, New Mexico 87504-1028: Employees: 803: Annual budget: US$ 90,078,526.00 [1] Department executive
Apr. 23—The New Mexico Taxation and Revenue Department said Tuesday New Mexico property owners who are delinquent on their taxes should take caution with fraudulent demand letters. Department ...
Feb. 5—For the first time, New Mexico taxpayers this year can claim a child tax credit of up to $600 per child, the New Mexico Taxation and Revenue Department announced recently. Personal income ...
Tax free weekend in New Mexico begins at 12:01 a.m. on Friday, Aug. 2 and runs through Saturday, Aug. 4 at midnight. The gross receipt tax exception applies to eligible items in several categories ...