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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]
Media in category "State agencies of New Mexico" This category contains only the following file. New Mexico Department of Game and Fish logo.gif 220 × 220; 25 KB
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.
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The Senate Chamber of the New Mexico State Capitol. The New Mexico Legislature is a bicameral body made up of the 70-member New Mexico House of Representatives and the 42-member New Mexico Senate. The New Mexico Constitution limits the regular session to sixty calendar days, and every other year it is thirty days.
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.