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Nov. 29—About a couple of hundred Santa Fe County residents who paid their property taxes by mailing checks have experienced delays with their payments being processed. The delays are due to a ...
Nov. 16—The city of Santa Fe is asking a judge to dismiss a lawsuit seeking to overturn the new tax on high-end home sales approved by voters earlier this month. In a court filing Monday, City ...
The Santa Fe properties listed as collateral in the complaint include buildings at 555 and 557 West Cordova Road, where Maria's New Mexican Kitchen is located; 925 and 927 Paseo de Peralta, at the ...
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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 ...
Feb. 26—A state district judge Monday denied a motion from the city of Santa Fe to toss a lawsuit challenging the city's authority to impose a voter-approved excise tax on high-end home sales.
Rubio introduced a plan to reduce state property taxes to 2001 levels (and potentially eliminate them altogether), while increasing sales taxes by 1% to 2.5% to fund schools. The proposal would have reduced property taxes in the state by $40–50 billion. His proposal passed the House, but was opposed by Governor Crist and Florida Senate ...
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