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Jun. 10—New Mexico's economic activity continues to perform vibrantly, with matched taxable gross receipts, or MGTR, at their second-highest level ever, according to a recent report from the ...
Beginning in 2007, active-duty military salaries are exempt from the state income tax. [43] New Mexico imposes a gross receipts tax on businesses. This resembles a sales tax but unlike the sales taxes in many states it applies to services as well as tangible goods. Normally the business passes the tax on to the purchaser.
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]
Businesses are taxed on Nevada gross receipts in excess of $4 million at a rate varying from 0.051% to 0.331%, depending upon economic sector. New Mexico - The gross receipts tax rate varies throughout the state from 5.125% to 8.6875% with local option taxes imposed at the city and county levels, added to the statewide base tax rate of 5%. [9]
Health care business in the state also have to pay gross receipts taxes, which the vast majority of states don't require. Clark said he'd like to see the state make changes to address the shortfalls.
The broadcast is produced by New Mexico State University journalism students. In 2011, News22 added Noticias22 en Español, a Spanish language broadcast that airs Tuesdays and Wednesdays in Las Cruces, Silver City and El Paso, Texas. [77] Kokopelli is an online news publication produced by New Mexico State University journalism students.
New Mexico State University Dean of Students Ann Goodman is in favor of an anti-hazing law on the books in the state. Prior to coming to New Mexico State in 2019, Goodman helped craft the Anti ...
San Juan Branch of New Mexico State University (1958–1982) Santa Fe Community College: Santa Fe (Main) Public Associate's college: 3,266 $6.3 million (2015) 1983