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The New Mexico Taxation and Revenue Department is the state agency responsible for collecting and distributing governmental revenue in New Mexico [2] and administering the state's motor vehicle code. See also
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 ...
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.
Apr. 8—New Mexicans can chip thousands of dollars off of buying a new or pre-owned electric vehicle with some of the state's newest tax credits. Combined with federal tax credits, that could ...
Tax free weekend in New Mexico begins at 12:01 a.m. on Friday, Aug. 2 and runs through Saturday, Aug. 4 at midnight. The gross receipt tax exception applies to eligible items in several categories ...
Jan. 15—New Mexico was among the top six states in a national scorecard on state tax appeals and procedural requirements assembled by the Council on State Taxation. New Mexico was awarded an A ...
New Jersey: Motor Vehicle Commission: New Jersey has differing titles for the high office holders in this part of the state government: the head of the New Jersey Department of Transportation is referred to as the "Commissioner," while the head of the MVC is referred to as the "Chief Administrator." New Mexico: Motor Vehicle Division
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...