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New Mexico collected $24.4 million in alcoholic beverages sales tax in 2021.
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
New Mexico Tax Collections 2022 vs. 2021
| Type of Tax | 2022 amount | 2021 amount |
|---|---|---|
| Public utilities license | $1,856,000 | $1,800,000 |
| Tobacco products sales tax | $101,968,000 | $95,230,000 |
| Motor vehicle license | $223,076,000 | $213,998,000 |
| Public utilities sales tax | $35,695,000 | $34,757,000 |
| Motor fuels sales tax | $266,949,000 | $230,303,000 |
| Occupation and business license, NEC | $52,214,000 | $49,990,000 |
| Amusements license | $2,175,000 | $2,364,000 |
| Individual income taxes | $1,301,085,000 | $1,198,906,000 |
| General sales and gross receipts taxes | $3,291,197,000 | $2,971,970,000 |
| Hunting and fishing license | $29,415,000 | $27,382,000 |
| Taxes, NEC | $64,228,000 | $57,689,000 |
| Insurance premiums sales tax | $235,866,000 | $235,054,000 |
| Pari-mutuels sales tax | $1,184,000 | $842,000 |
| Corporations in general license | $50,255,000 | $42,949,000 |
| Alcoholic beverages sales tax | $21,719,000 | $24,359,000 |
| Corporations net income taxes | $310,081,000 | $152,728,000 |
| Amusements sales tax | $69,276,000 | $68,021,000 |
| Motor vehicle operators license | $13,550,000 | $5,004,000 |
| Other selective sales and gross receipts taxes | $163,272,000 | $162,039,000 |
| Severance taxes | $2,250,072,000 | $1,804,377,000 |
| Selective sales and gross receipts taxes | $895,929,000 | $850,605,000 |
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