New Mexico Business Coalition Calls on Governor to Protect Employers From a Tax Increase Caused by COVID-19 New Mexico (March 17, 2020) — New Mexico Business Coalition (NMBC) today announced…
A bill that would have raised the state’s gasoline tax from ¢.17 per gallon to ¢.47 per gallon was tabled in the House Appropriations and Finance Committee Monday evening with…
The New Mexico Taxation and Revenue Department reported that it will be distributing $2 billion in revenue from gross receipts tax from FY19 - an increase of 8% over last…
State Representative Rod Montoya said that he would be introducing a state “Taxpayer Bill of Rights” during this year’s legislative session. The bill would create an amendment to the state constitution…
A collection of studies coalesced by Forbe's examines the effects of tax incentive programs on development to find out if they are producing the intended results their advocates claim. The…
House Speaker Brian Egolf was optimistic about proposing legislation to reduce the state’s gross receipts tax and remove some (of the many) exemptions during the upcoming 2020 legislative session. That…