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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 child tax credit is offered on a sliding scale based on income. Taxpayers earning up to $25,000 can claim $600 per child; up to $50,000, $400; up to $75,000, $200; ... New Mexico taxpayers can ...
[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]
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 agency is responsible for issuing driver licenses and vehicle registration.
Aug. 21—After years of explosive revenue growth fueled in large part by a booming oil industry, the state of New Mexico is expecting a slowdown in collections in the upcoming fiscal year. But it ...
The U.S. state of New Mexico first required its residents to register their motor vehicles and display license plates in 1912. 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.
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For additional hours of operation for different services visit our support options page for contact info. ... have access to 24/7 phone support by calling 1-800-827 ...