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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
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.
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 ...
All taxes are administered on state- and city-levels by the New Mexico Taxation and Revenue Department, a state agency. The principal taxes levied include state income tax , a state gross receipts tax , gross receipts taxes in local jurisdictions, state and local property taxes, and several taxes related to production and processing of oil, gas ...
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 ...
The New Mexico Motor Vehicle Division (MVD) is a state-level government agency based in Santa Fe, New Mexico. The MVD operates 32 field offices across the state, along with 39 contracted offices through local municipalities. [ 2 ]
The Child Tax Credit is estimated to return around $180 million to 292,000 families across New Mexico. If you did file, and you're wondering where your return is at, you can check that at tap ...
As of 2024, plates are issued by the New Mexico Taxation and Revenue Department through its Motor Vehicle Division. Only rear plates have been required since 1961. New Mexico is the only state that specifies "USA" on its license plates, so as to avoid confusion with the country Mexico, which it borders to the southwest.