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  2. Taxation in New Mexico - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_New_Mexico

    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 ...

  3. New Mexico's oil income investments now surpass personal ...

    www.aol.com/mexicos-oil-income-investments-now...

    Efforts by New Mexico to save and invest portions of a financial windfall from local oil production are paying off as state government income on investments surpasses personal income tax ...

  4. Economy of New Mexico - Wikipedia

    en.wikipedia.org/wiki/Economy_of_New_Mexico

    Beginning in 2008, personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [42] Beginning in 2007, active-duty military salaries are exempt from the state income tax. [43] New Mexico imposes a gross receipts tax on businesses.

  5. New Mexico Taxation and Revenue Department - Wikipedia

    en.wikipedia.org/wiki/New_Mexico_Taxation_and...

    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

  6. It's True: These 13 States Don't Tax Retirement Income - AOL

    www.aol.com/true-13-states-dont-tax-143019296.html

    The nine states that don't tax income. ... And New Hampshire has levied a 3% tax on dividends and interest on investment income, but that's going away beginning in 2025. ... New Mexico. Rhode Island.

  7. Tax package could expand renewable energy in New Mexico ... - AOL

    www.aol.com/tax-package-could-expand-renewable...

    New Mexico lawmakers passed a tax reform package to support renewable energy, but also gave an exemption to the state's smaller oil and gas drillers.

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