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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
[1] [2] It does not have inheritance tax, estate tax or franchise taxes. While New Mexico does not have a state sales tax it does have a statewide "gross receipts tax", which is commonly passed on to the consumer by businesses just like a normal sales tax. [3] [4] [5] Its state income tax ranges from 1.7% to a maximum of 4.9%. [3]
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 ...
Oct. 13—SANTA FE — New Mexico voters will decide the fates of two proposals that would expand property tax exemptions for veterans who own homes in the state — and likely mean increased tax ...
The MVD operates 32 field offices across the state, along with 39 contracted offices through local municipalities. [2] The agency is responsible for issuing driver licenses and vehicle registration. The MVD is a division of the New Mexico Taxation and Revenue Department.
Aug. 23—LAS VEGAS, N.M. — Seven years ago, New Mexico policymakers scraped every dollar out of their main reserve accounts to help the state government pay its bills. A forecast shared ...
Pages in category "State agencies of New Mexico" The following 20 pages are in this category, out of 20 total. ... New Mexico Taxation and Revenue Department;
Aug. 21—SANTA FE — New Mexico's unprecedented, oil-powered revenue growth is slowing, but state lawmakers will still have a mountain of money available to spend in the coming year. New state ...
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