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July 26, 2024 at 8:38 AM. 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 ...
Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [ 9] The individual income tax rates are listed in the table below. [ 10] Rate. Income. Heads of household, widow (er)s, and married persons filing jointly. 1.7%. $8,000 or less. $136 plus 3.2% of excess over $8,000.
The New Mexico Taxation and Revenue Department is the state agency responsible for collecting and distributing governmental revenue in New Mexico and administering the state's motor vehicle code. The Taxation and Revenue Department collects taxes within the state and also distributes revenue to support schools and state and local government ...
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. Only rear plates have been required since 1961.
Eligible residents have until May 31, 2024, to file the 2021 personal income tax return if they have not already done so, according to the New Mexico Department of Taxation & Revenue.
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.
New Mexico Attorney General Raul Torrez speaks at news conference Wednesday, June 26, 2024, about his office investigating any allegations of businesses committing price gouging and other ...
v. t. e. The Cabinet of the Governor of New Mexico is a body of the most senior appointed officials of the executive branch of the government of New Mexico. [1] [2] The executive leaders of the agencies below are subject to confirmation by the New Mexico Senate .
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