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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 state treasurer of New Mexico is an elected constitutional officer in the executive branch of the U.S. state of New Mexico. Thirty individuals have held the office of state treasurer since statehood. The incumbent is Laura Montoya, a Democrat who took office on January 1, 2023, after being elected on November 8, 2022.
In 2005 the federal government spent $2.03 on New Mexico for every dollar of tax revenue collected from the state. This rate of return is higher than any other state in the United States. [ 21 ] The federal government is also a major employer in New Mexico providing more than a quarter of the state's jobs.
Timothy M. Keller (born November 22, 1977) [1] is an American businessman and politician serving as the 30th mayor of Albuquerque, New Mexico.A member of the Democratic Party, he served as New Mexico State auditor before resigning to become mayor on December 1, 2017.
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In the Louisiana Department of Revenue, LaFleur served as director of the Tax Policy Services Division and Audit Protest Bureau. She later served as general counsel for the Louisiana Tax Commission and director of the Legal Division of the Louisiana Public Service Commission. She was also a member of the Louisiana Board of Ethics. [2]