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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 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

  4. Taxes: New Mexico Residents To Get $250 and $500 Tax ... - AOL

    www.aol.com/taxes-mexico-residents-250-500...

    Residents of New Mexico -- who have already gotten several tax breaks this year -- will soon get another round of tax rebates as the state prepares to send payments totaling either $250 or $500 to...

  5. Economy of New Mexico - Wikipedia

    en.wikipedia.org/wiki/Economy_of_New_Mexico

    Oil and gas production, tourism, and federal government spending are important drivers of New Mexico's economy. The state government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, especially in new technologies. In 2017 New Mexico's gross domestic product was $94.2 billion. [1]

  6. Breaking down New Mexico's taxes on corporations - AOL

    www.aol.com/breaking-down-mexicos-taxes...

    Graduated marginal personal income tax ranges from 1.5% to 5.9%, according to the tax department, and the state's 5.9% cap is moderate compared to other states' personal income tax rates.

  7. NM constitutional amendments would expand property tax ...

    www.aol.com/nm-constitutional-amendments-expand...

    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 ...

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