Taxes News
New Mexico's license tax revenue up 2.2% in Q2 compared to same quarter of the previous year
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.
Individual income tax revenue up 66.1% from previous quarter in New Mexico
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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