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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.
The New Mexico Motor Vehicle Division (MVD) is a state-level government agency based in Santa Fe, New Mexico. 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.
Regular military salaries of New Mexico residents serving in the U.S. military are subject to the income tax, but since 2007, active-duty military salaries have been exempt from the state income tax. [7] [8] Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [9]
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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
In order to ensure that the state receives a portion of the revenue from oil and gas leases within the state, any payments made to an address outside of the state require that a tax be withheld and paid directly to the state. States that have enacted such laws include, but are not limited to: Georgia; Maryland; Oklahoma; New Mexico; Utah ...
New Mexico's largest city is Albuquerque, and its state capital is Santa Fe, the oldest state capital in the U.S., founded in 1610 as the government seat of Nuevo México in New Spain. New Mexico is the fifth-largest of the fifty states by area, but with just over 2.1 million residents, ranks 36th in population and 45th in population density .
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