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Enchantment State News

Tuesday, January 21, 2025

Taxes News

Taxes

New Mexico sees less property tax revenue in Q3 2024

The third quarter of 2024 brought in $3 million in property tax revenue for New Mexico, a 95.1% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

By Enchantment State News | Jan 7, 2025

Taxes

New Mexico sees less individual income tax revenue in Q3 2024

The third quarter of 2024 brought in $709 million in individual income tax revenue for New Mexico, a 22.5% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

By Enchantment State News | Jan 6, 2025

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New Mexico's license tax revenue up 2.2% in Q2 compared to same quarter of the previous year

By Enchantment State News | Dec 2, 2024

New Mexico collected $141 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Individual income tax revenue up 66.1% from previous quarter in New Mexico

By Enchantment State News | Dec 1, 2024

The second quarter of 2024 brought in $915 million in individual income tax revenue for New Mexico, a 66.1% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Tax Revenue Analysis: New Mexico collects $1.3 billion in sales and gross receipt tax during Q4 2023

By Enchantment State News | Nov 30, 2024

New Mexico collected $1.3 billion in tax and gross receipts, a 2.2% increase from the third quarter of 2023, according to the U.S. Census Bureau

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New Mexico's license tax revenue up 39.6% in Q2 compared to previous quarter

By Enchantment State News | Nov 29, 2024

New Mexico collected $141 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's license tax revenue unchanged in Q1 compared to same quarter of the previous year

By Enchantment State News | Nov 27, 2024

New Mexico collected $101 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's license tax revenue up 6.3% in Q1 compared to previous quarter

By Enchantment State News | Nov 26, 2024

New Mexico collected $101 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico collects $141 million in license tax revenue in Q2

By Enchantment State News | Nov 26, 2024

New Mexico collected $141 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico collects $101 million in license tax revenue in Q1

By Enchantment State News | Nov 22, 2024

New Mexico collected $101 million in license taxes during the first quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico collects $61 million in property tax revenue in Q2

By Enchantment State News | Nov 21, 2024

New Mexico collected $61 million in property taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico collects $57 million in property tax revenue in Q1

By Enchantment State News | Nov 20, 2024

New Mexico collected $57 million in property taxes during the first quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's sales and gross receipts tax revenue up 27.3% in Q1 compared to previous quarter

By Enchantment State News | Nov 18, 2024

New Mexico collected $1.3 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's property tax revenues up 1.7% in Q2 compared to same quarter of the previous year

By Enchantment State News | Nov 17, 2024

New Mexico collected $61 million in property tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's combined tax revenues up 16.7% in Q2 compared to same quarter of the previous year

By Enchantment State News | Nov 16, 2024

New Mexico collected $3.7 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's sales and gross receipts tax revenue up 40.5% in Q1 compared to same quarter of the previous year

By Enchantment State News | Nov 15, 2024

New Mexico collected $1.3 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's property tax revenues up 5.6% in Q1 compared to same quarter of the previous year

By Enchantment State News | Nov 14, 2024

New Mexico collected $57 million in property tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's combined tax revenues down 1.2% in Q1 compared to same quarter of the previous year

By Enchantment State News | Nov 13, 2024

New Mexico collected $3.1 billion in combined tax revenues, 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

By Enchantment State News | Oct 14, 2024

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

By Enchantment State News | Sep 13, 2024

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.