New Mexico Taxation & Revenue Department
Recent News About New Mexico Taxation & Revenue Department
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Higher property tax revenue in New Mexico during Q2
The second quarter brought in $61 million in property tax revenue for New Mexico, a 7% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's Q1 individual income tax revenue down 3.5% from previous quarter
The first quarter brought in $551 million in individual income tax revenue for New Mexico, a 3.5% decrease from the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Property tax revenue up 1,040% from previous quarter in New Mexico
The first quarter brought in $57 million in property tax revenue for New Mexico, a 1,040% increase from the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Individual income tax revenue up 21% from previous quarter in New Mexico
The third quarter of 2023 brought in $639 million in individual income tax revenue for New Mexico, a 21% increase from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 12.8% since Q4 2023
New Mexico collected $1.3 billion in miscellaneous tax revenue during the fourth quarter of 2023, a 12.8% decrease from the same period the previous year when $1.4 billion was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues up 18.7% in Q4 2023
New Mexico collected $1.3 billion in miscellaneous tax revenue during the fourth quarter of 2023, an 18.7% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Unchanged individual income tax revenue in New Mexico as of Q4 2023 compared to Q4 2022
The fourth quarter of 2023 brought in $571 million in individual income tax revenue for New Mexico, the same amount as the fourth quarter of 2022, according to the U.S. Census Bureau.
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New Mexico's Q4 2023 individual income tax revenue down 10.6% from previous quarter
The fourth quarter of 2023 brought in $571 million in individual income tax revenue for New Mexico, a 10.6% decrease from the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's Q4 2023 property tax revenue up 66.7% from previous quarter
The fourth quarter of 2023 brought in $5 million in property tax revenue for New Mexico, a 66.7% increase from the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues up 1,684.7% since Q3 2023
New Mexico collected $1.1 billion in miscellaneous tax revenue during the third quarter of 2023, a 1,684.7% increase over the same period the previous year when $59 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues unchanged in Q3 2023
New Mexico collected $1.1 billion in miscellaneous tax revenue during the third quarter of 2023, unchanged from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's individual income tax revenue up 73.2% as of Q3 2023 compared to Q3 2022
The third quarter of 2023 brought in $639 million in individual income tax revenue for New Mexico, a 73.2% increase from the same period in the previous year, according to the U.S. Census Bureau.
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New Mexico sees less property tax revenue in Q3 2023
The third quarter of 2023 brought in $3 million in property tax revenue for New Mexico, a 95% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 29% since Q2 2023
New Mexico collected $1.1 billion in miscellaneous tax revenue during the second quarter of 2023, a 29% decrease from the same period the previous year when $1.6 billion was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues up 7.5% in Q2 2023
New Mexico collected $1.1 billion in miscellaneous tax revenue during the second quarter of 2023, a 7.5% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's individual income tax revenue down 22.5% as of Q2 2023 compared to Q2 2022
The second quarter of 2023 brought in $528 million in individual income tax revenue for New Mexico, a 22.5% decrease from the same period in the previous year, according to the U.S. Census Bureau.
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Lower individual income tax revenue in New Mexico during Q2 2023
The second quarter of 2023 brought in $528 million in individual income tax revenue for New Mexico, a 10.7% decrease from the first quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Higher property tax revenue in New Mexico during Q2 2023
The second quarter of 2023 brought in $60 million in property tax revenue for New Mexico, an 11.1% increase from the first quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 2.7% since Q1 2023
New Mexico collected $1 billion in miscellaneous tax revenue during the first quarter of 2023, a 2.7% decrease from the same period the previous year when $1.1 billion was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Mexico's miscellaneous tax revenues down 28.4% in Q1 2023
New Mexico collected $1 billion in miscellaneous tax revenue during the first quarter of 2023, a 28.4% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.