reglab/statecodes huggingface dataset:
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 1 - GENERAL PROVISIONS › Section 3.8.1.9 - EFFECT ON PRIOR LAW

Current through Register Vol. 35, No. 13, July 16, 2024
All regulations, rulings, and attorney general's opinions
				  pertaining to the former law, Taxation of Inheritances and Transfers (Laws
				  1921, Chapter 179, as amended), were superseded by the Estate Tax
				  Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 2 - PERSONAL REPRESENTATIVE › Section 3.8.2.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 2 - PERSONAL REPRESENTATIVE › Section 3.8.2.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18) The
				  Estate Tax Act and this Part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 3 - CREDIT FOR TAX PAID TO OTHER STATE › Section 3.8.3.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 3 - CREDIT FOR TAX PAID TO OTHER STATE › Section 3.8.3.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Section
				  9-11-6.2
				  NMSA 1978 of the Taxation and Revenue Department Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 3 - CREDIT FOR TAX PAID TO OTHER STATE › Section 3.8.3.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18) The
				  Estate Tax Act and this Part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 3 - CREDIT FOR TAX PAID TO OTHER STATE › Section 3.8.3.8 - CALCULATION OF CREDIT FOR TAX PAID OTHER STATE; EXAMPLES

Current through Register Vol. 35, No. 13, July 16, 2024
A. The following examples illustrate the
				application of Section
				7-7-3
				NMSA 1978. The federal credit in each case is determined by reference to
				federal law. All other figures are hypothetical.
B. Example 1: T is a New Mexico decedent. T's
				gross estate is $1,750,000; T has $140,000 in deductions. Thus the taxable
				estate is $1,610,000. $175,000 of T's estate is real property located in state
				X, where it is taxed. State X does not have a reciprocal provision allowing
				this amount to be taxed in New Mexico.
(1)
				Under Section 7-7-3(B)(1) NMSA 1978 ("method 1"), it is determined that the
				amount of estate tax paid to state X on $175,000 is $2,040. This is the amount
				of credit for method one. (State X's statute does not tax to the full measure
				of its proportional share of the federal credit.)
(2) Under Section 7-7-3(B)(2) NMSA 1978
				("method 2"), the calculation is: Total credit for T's taxable estate times the
				quotient of the value of the property in state X divided by the value of the
				gross estate; that is,
$71,520 x 175,000 = $7,152
1,750,000
(3) The credit allowed in this situation
				against New Mexico tax due is equal to the smaller of the above two amounts,
				calculated under methods 1 and 2. The credit against the $71,520 owed to New
				Mexico would, therefore, be $2,040.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 4 - NONRESIDENT › Section 3.8.4.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department; Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 4 - NONRESIDENT › Section 3.8.4.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18). The
				  Estate Tax Act and this part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 4 - NONRESIDENT › Section 3.8.4.8 - PROOF OF NONRESIDENCE

Current through Register Vol. 35, No. 13, July 16, 2024
When a claim is made that the residence of a decedent was
				  outside the state of New Mexico, the taxpayer has the burden of showing
				  nonresidence.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 4 - NONRESIDENT › Section 3.8.4.9 - REAL PROPERTY AND RIGHTS TO REAL PROPERTY LOCATED IN NEW MEXICO

Current through Register Vol. 35, No. 13, July 16, 2024
A. The listing in
				Subsection C of Section
				7-7-4
				NMSA 1978 of property located in New Mexico is illustrative; it is not an
				exhaustive listing.
B. Real
				property in this state belonging to a nonresident decedent is subject to the
				estate tax. Intangible personal property outside the state belonging to a
				nonresident decedent is not subject to the tax. If a nonresident decedent
				owning real property situated within the state has entered into an executory
				contract for its sale, the right of the decedent, his estate or heirs to the
				proceeds of the sale will be treated as subject to the tax should the state in
				which the nonresident decedent was domiciled not subject the proceeds to its
				own inheritance or estate tax law, either on application of the so-called
				"doctrine of equitable conversion" or for any other reason. If a nonresident
				decedent has entered into an executory contract for the purchase of real
				property situated within the state, the right of the nonresident decedent, his
				estate or heirs to the real property will be treated as subject to the tax
				should the state in which the nonresident decedent was domiciled not subject
				the value of or right to the real property to its own inheritance or estate tax
				law.
C. Real property in this state
				belonging to a nonresident decedent includes royalty interests in oil, gas, or
				similar leases or property interests.
D. For the purposes of the Estate Tax Act,
				mortgages are considered personal property.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 4 - NONRESIDENT › Section 3.8.4.10 - TAXABILITY OF DEBT OF DECEASED NONRESIDENT CREDITOR

Current through Register Vol. 35, No. 13, July 16, 2024
A. The concept of "business situs" refers to
				the place where a business is conducted; it is used to localize notes and
				accounts, debit balances, receivables, and other intangible property for tax
				purposes, in a place where the decedent was not a resident.
B. A debt may arise from a transaction in New
				Mexico even if the business situs of the decedent's business was outside New
				Mexico.
C. The debtor's residence
				does not determine the taxability of a debt in New Mexico.
D. Example 1: T is a Texas decedent who owned
				a store in Clovis, New Mexico. The accounts receivable of T's business are all
				"property located in New Mexico", even if many of T's customers owing the debts
				live in Texas.
E. Example 2: C is a
				Colorado decedent who owned a business located in Colorado. C enters New Mexico
				to sell a widget to D on credit. The sale is made in Farmington. The debt owed
				by D to C is "property located in New Mexico".
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 4 - NONRESIDENT › Section 3.8.4.11 - GENERAL EXAMPLE

Current through Register Vol. 35, No. 13, July 16, 2024
The following example illustrates the application of
				  Subsection D of Section
				  7-7-4
				  NMSA 1978.
A. Example 1: S is a
				decedent who was a resident of State M at the time of her death. The property
				in her estate consisted solely of bank accounts located in State M and 10,000
				shares of stock of XYZ, Inc., a corporation organized under the laws of New
				Mexico.
B. Pursuant to Section
				7-7-4(C)(2) NMSA 1978, the stock is property located in New Mexico, upon which
				Section 7-7-4(A) NMSA 1978 imposes tax. However, the estate tax law of State M
				taxes all personal property of its domiciliary decedents, and refrains from
				taxing the personal property of New Mexico's (and other states') decedents.
				Therefore, the transfer of S's estate is exempt from the New Mexico estate
				tax.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 5 - FEDERAL EXTENSION › Section 3.8.5.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 5 - FEDERAL EXTENSION › Section 3.8.5.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18) The
				  Estate Tax Act and this part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 5 - FEDERAL EXTENSION › Section 3.8.5.8 - COPY OF FEDERAL EXTENSION

Current through Register Vol. 35, No. 13, July 16, 2024
If an extension of time for filing the federal estate tax
				  return is granted by the federal government, that extension applies to the
				  filing of the state estate tax return. A copy of the document granting the
				  extension by the federal government must be filed simultaneously with the
				  filing of the state estate tax return by the date to which the federal
				  extension has been granted.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 - CERTIFICATE › Section 3.8.8.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 - CERTIFICATE › Section 3.8.8.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18) The
				  Estate Tax Act and this part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 - CERTIFICATE › Section 3.8.8.8 - WHEN CERTIFICATE FILED

Current through Register Vol. 35, No. 13, July 16, 2024
A. For estates for which a federal estate tax
				return is required to be made, the department will file a certificate as
				provided in Section
				7-7-8
				NMSA 1978 in every case when an estate tax return has been properly filed with
				the department and either no tax is due under the Estate Tax Act or the taxes
				due have been paid. A copy of the certificate will be filed with those clerks
				specified in the request of the personal representative or other person who has
				filed the return.
B. The
				certificate is prepared solely on the basis of information supplied to the
				department by the personal representative or other person filing the return, as
				of the date of issuance. The certificate does not bind or estop the department
				as to later-discovered property, omitted property, or misrepresentation of any
				material fact, whether negligent or intentional.
C. No certificate is required nor will a
				certificate be provided or filed for estates for which no federal estate tax
				return is required by the Internal Revenue Code. The mere fact that no federal
				estate tax return is required is sufficient to demonstrate that no New Mexico
				estate tax is due.
D. Example: A's
				gross estate totals $580,000. Under Section 6018 of the Internal Revenue Code,
				no return is required for estates whose gross estate is less than $600,000.
				Therefore, no certificate pursuant to Section
				7-7-8
				NMSA 1978 is required to demonstrate that New Mexico estate tax liability has
				been satisfied and no certificate will be issued.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 10 - LIEN › Section 3.8.10.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 10 - LIEN › Section 3.8.10.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18) The
				  Estate Tax Act and this part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 10 - LIEN › Section 3.8.10.8 - WHEN LIEN ARISES

Current through Register Vol. 35, No. 13, July 16, 2024
A lien on property of the estate arises pursuant to Sections
				  7-1-37 NMSA
				  1978 et seq. of the Tax Administration Act, and not
				  otherwise.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Section
				  9-11-6.2
				  NMSA 1978 of the Taxation and Revenue Department Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/15/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date. The effective date
				  of the Estate Tax Act was July 1, 1973. (Laws 1973, Ch. 345, Section 18) The
				  Estate Tax Act and this part apply to estates where decedent passed away after
				  June 30, 1973. Pursuant to Section 7-1-5(H) NMSA 1978 of the Tax Administration
				  Act, the Estate Tax Act regulations filed August 5, 1974 were declared to be
				  effective July 1, 1973. The amendments to those regulations adopted by TRD Rule
				  7-88 were effective on September 15, 1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.8 - LIABILITY OF PERSONAL REPRESENTATIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The primary liability for payment of the estate tax is on the
				  personal representative of the estate, as defined in Section 7-7-2(I) NMSA
				  1978. The liability imposed by Section 7-7-12(B) NMSA 1978 is
				  secondary.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.9 - SECURING ANOTHER'S PAYMENT OF ESTATE TAX

Current through Register Vol. 35, No. 13, July 16, 2024
"Securing another's payment of" the estate tax due requires
				  that any tax which may be owed, actually be paid by any person other than the
				  distributor or deliveror liable under Section
				  7-7-12
				  NMSA 1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.11 - EXCEPTIONS TO LIABILITY FOR FAILURE TO PAY TAX BEFORE DISTRIBUTION OR DELIVERY

Current through Register Vol. 35, No. 13, July 16, 2024
A. No
				liability shall arise under Section
				7-7-12
				NMSA 1978 by reason of any payment made pursuant to Sections
				58-1-8,
				58-10-103
				or
				58-11-64 NMSA
				1978, provided that all requirements of those sections are met and that the
				transferor has acted in good faith. Payments by a savings and loan association,
				credit union, or bank not in compliance with those sections, or above the
				amounts specified therein, may result in liability and are fully subject to the
				provisions of Section
				7-7-12
				NMSA 1978.
B. Liability is not
				imposed by Section
				7-7-12
				NMSA 1978 for the delivery or transfer of property into a New Mexico estate or
				to the personal representative of the decedent inside New Mexico. A personal
				representative who is not a resident of New Mexico but who is appointed by a
				New Mexico court having jurisdiction of an estate, and who is qualified and
				acting, is not "outside New Mexico" within the meaning of Section
				7-7-12
				NMSA 1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.12 - CONTROL, CUSTODY OR POSSESSION OF PROPERTY-EXAMPLES

Current through Register Vol. 35, No. 13, July 16, 2024
Persons who have control, custody or possession of any of a
				  decedent's property may include the decedent's agents and representatives,
				  safe-deposit companies, warehouse companies, brokers holding securities
				  belonging to the decedent as collateral, debtors of the decedent, bankers,
				  transferees or distributees, factors, joint owners or partners, fiduciaries or
				  trustees, stock transfer agents, escrow agents, bailees, and persons holding
				  any property as security for an outstanding obligation.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 8 - ESTATE TAX › Part 8 12 - PAYMENT OF ESTATE TAX › Section 3.8.12.13 - WHO IS LEGAL REPRESENTATIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The term "legal representative" is not restricted to a
				  "personal representative" of a decedent, but includes every person who, with
				  respect to the decedent's property, stands in his place and represents his
				  interests, whether the property is transferred by his act or by operation of
				  law; heirs, next of kin, and distributees may be included in this
				  category.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.2 - SCOPE

Current through Register Vol. 35, No. 13, July 16, 2024
Provisions of this part apply to all persons who sell,
				  distribute or otherwise deal in cigarettes or tobacco
				  products.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
4/30/99, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective of this part is to interpret, exemplify,
				  implement and enforce the provisions of the Cigarette Tax Act and the Tobacco
				  Products Tax Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.7 - DEFINITIONS: CIGARETTES DEFINED

Current through Register Vol. 35, No. 13, July 16, 2024
For purposes of the Cigarette Tax Act, a "cigarette"
				  is:
A. a roll of tobacco wrapped in
				paper or any substance not containing tobacco; or
B. a roll of tobacco that is wrapped in a
				substance containing tobacco other than one hundred percent natural leaf
				tobacco, that weighs no more than three pounds per thousand sticks, and that
				has three or more of the following characteristics:
(1) it has a typical cigarette size and
				shape;
(2) it has a cellulose
				acetate or other cigarette-type integrated filter;
(3) it has a filler primarily consisting of
				flue-cured, burley, oriental, or unfermented tobaccos or has a filler material
				yielding the smoking characteristics of any of those tobaccos;
(4) it has a filler, binder and wrapper that
				together contain three percent or more by weight of total reducing sugars and
				four percent or less by weight of non-reducing sugars;
(5) it is sold in soft packs, hard packs,
				flip-top boxes, clam shells, or other cigarette-type packages;
(6) it is sold in a package that labels the
				product as a cigarette or a cigarette substitute, or in a package that does not
				clearly and conspicuously declare that the product is a cigar;
(7) it is available for sale in packages of
				five, ten, twenty or twenty-five sticks;
(8) it is available for sale in cartons of
				ten packages;
(9) it is marketed or
				advertised to consumers as a cigarette or cigarette substitute; or
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.8 - CIGARETTES AS PRIZES ARE TAXABLE

Current through Register Vol. 35, No. 13, July 16, 2024
Cigarettes which are used as prizes for performing certain
				  skills at carnivals, amusement parks, fairs or similar recreation facilities
				  are required to have New Mexico cigarette tax stamps affixed.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.9 - DOCUMENTATION TO SUBSTANTIATE THE ISSUANCE OF A TRIBAL LICENSE

Current through Register Vol. 35, No. 13, July 16, 2024
Any documentation showing that a governing body or, if the
				  governing body has delegated the licensing function to an administrative
				  agency, the appropriate administrative agency, has authorized the enrolled
				  tribal member to use or sell cigarettes on that tribe's reservation or pueblo
				  grant is sufficient to claim the exemption under Section
				  7-12-4 NMSA
				  1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.10 - DOCUMENTATION TO SUBSTANTIATE SALES OF CIGARETTES TO EXEMPT ENTITIES

Current through Register Vol. 35, No. 13, July 16, 2024
A. A distributor
				shall sell packages of cigarettes bearing a tax-exempt stamp only to:
(1) the United States or any agency or
				instrumentality thereof;
(2) the
				State of New Mexico or any political subdivision thereof;
(3) an Indian tribe, as defined in Subsection
				A of 3.2.4.7 NMAC, for use or sale on that tribe's reservation or pueblo grant;
				or
(4) a person who is recognized
				by the governing body of an Indian tribe to be an enrolled member of that
				Indian tribe and who is authorized by that Indian tribe to sell cigarettes on
				the reservation or pueblo grant of that Indian tribe for use or sale on that
				tribe's reservation or pueblo grant.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.11 - QUALIFICATIONS FOR A STAMP TO BE CONSIDERED AFFIXED

Current through Register Vol. 35, No. 13, July 16, 2024
In order for a stamp to be considered affixed, a package must
				  have at least 60% of the stamp visible, including the entire serial number.
				  Packages of cigarettes that do not meet these requirements shall be considered
				  contraband cigarettes and may be subject to the penalties imposed under Section
				  7-12-13.1 NMSA
				  1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.12 - CIGARETTE STAMP QUANTITIES

Current through Register Vol. 35, No. 13, July 16, 2024
The minimum order for cigarette stamps is 1,500, and the
				  minimum order for tax-exempt stamps is 15,000.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.13 - CIGARETTE DISTRIBUTOR AND MANUFACTURER LICENSE - LICENSING FEE

Current through Register Vol. 35, No. 13, July 16, 2024
Any person that applies for a cigarette distributor's license
				  or a manufacturer's license shall pay a licensing fee of one hundred dollars
				  ($100.00). The licensing fee will be imposed for every license, including
				  annual renewals.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.14 - CIGARETTES NOT PURCHASED FROM A LICENSED DISTRIBUTOR

Current through Register Vol. 35, No. 13, July 16, 2024
If a cigarette retailer has in its possession cigarettes
				  determined by the department to have been purchased from a source other than a
				  licensed distributor, the retailer may be subject to penalties under Section
				  7-12.13.1 NMSA 1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.15 - CIVIL PENALTIES

Current through Register Vol. 35, No. 13, July 16, 2024
The department will impose the penalties authorized by
				  Section
				  7-12-13.1 NMSA
				  1978 in accordance with the following schedule.
A. The penalty for a first offense shall be
				imposed as follows:
(1) one hundred dollars
				($100) for a violation involving a quantity of fewer than two cartons of
				contraband cigarettes;
(2) two
				hundred fifty dollars ($250) for a violation involving a quantity of between
				two cartons and not more than twenty-five cartons of contraband
				cigarettes;
(3) five hundred
				dollars ($500) for a violation involving a quantity of between twenty-six
				cartons and not more than two hundred ninety-nine cartons of contraband
				cigarettes; or
(4) one thousand
				dollars ($1,000) for a violation involving a quantity of three hundred or more
				cartons of contraband cigarettes.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.16 - REPORTING UNDER SECTION 7-12-18 NMSA 1978

Current through Register Vol. 35, No. 13, July 16, 2024
Persons required to submit reports concerning their cigarette
				  transactions, under Section
				  7-12-18 NMSA 1978, shall
				  do so on a monthly basis. These reports, RPD 41279
Cigarette
				  Distributor's Monthly Report
and RPD-41280
Cigarette
				  Manufacturer's Monthly Report
shall be submitted to the department on
				  or before the 25th day of the month after the
				  reporting period.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.17 - DOCUMENTATION OF CIGARETTES SHIPPED OUT OF NEW MEXICO

Current through Register Vol. 35, No. 13, July 16, 2024
A cigarette distributor who ships cigarettes outside New
				  Mexico must report the quantity of cigarette packages shipped out of state for
				  each report period using the Schedule C form as an attachment to the form
				  RPD-41279
Cigarette Distributor's Monthly Report.
In addition
				  to the reporting function the distributor must maintain the following
				  documentation for three years with respect to each shipment:
A. bill of lading;
B. delivery receipts;
C. the name and address of persons to whom
				cigarettes are shipped out of state.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.18 - FALSE AND FRAUDULENT MANUFACTURING LABELS

Current through Register Vol. 35, No. 13, July 16, 2024
Product labels on packages of cigarettes, including small
				  cigars, that are in compliance with federal requirements are not false and
				  fraudulent manufacturing labels for purposes of the Cigarette Tax
				  Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.19 - POSSESSION OF CONTRABAND CIGARETTES; SEIZURE

Current through Register Vol. 35, No. 13, July 16, 2024
Cigarettes in the possession of any person which are
				  contraband cigarettes pursuant to Subsection B of Section
				  7-12-2 NMSA 1978 may
				  be immediately seized by the department. The department shall not be required
				  to obtain a warrant or court order prior to the seizure of contraband
				  cigarettes.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.20 - RIGHT OF APPEAL

Current through Register Vol. 35, No. 13, July 16, 2024
Any person may appeal the department's determination that
				  cigarettes seized are contraband under Subsection B of Section
				  7-12-2 NMSA 1978, and
				  any imposition of civil penalties authorized by Section
				  7-12-13.1 NMSA
				  1978. Any person may appeal the department's decision to deny, suspend or
				  revoke the issuance of a cigarette distributor or manufacturer
				  license.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.21 - APPEAL PROCEDURES

Current through Register Vol. 35, No. 13, July 16, 2024
The following are the procedures for appeals filed pursuant
				  to
				  3.9.1.20
				  NMAC:
A. Appeals shall be submitted in
				writing to the office of the secretary of the taxation and revenue department.
				Appeals must be received by the office of the secretary or, if mailed, must
				bear a postmark date, within 10 days after the date cigarettes are seized by
				the department, the date of a notice of denial, suspension or revocation of a
				license, or the date of a notice of imposition of civil penalties or, where the
				tenth day falls on a Saturday, Sunday or legal state holiday, the next business
				day following the tenth day.
B.
				Contents of appeal. The appeal shall:
(1)
				include the name and address of the appellant;
(2) contain a statement of the grounds for
				appeal, including any law to support the grounds for appeal; and
(3) include supporting exhibits, evidence or
				documents to substantiate the appellant's claim.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 1 - GENERAL PROVISIONS › Section 3.9.1.22 - FORFEITURE

Current through Register Vol. 35, No. 13, July 16, 2024
In the absence of the filing of a timely appeal of a seizure
				  of contraband cigarettes or when a decision has become final under Subsection E
				  of
				  3.9.1.21 NMAC,
				  the cigarettes seized by the department shall be deemed forfeited and shall be
				  destroyed by the department unless needed for evidence in other
				  proceedings.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 2 - SHIPMENT OF UNSTAMPED CIGARETTES IN NEW MEXICO › Section 3.9.2.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 2 - SHIPMENT OF UNSTAMPED CIGARETTES IN NEW MEXICO › Section 3.9.2.2 - SCOPE

Current through Register Vol. 35, No. 13, July 16, 2024
Provisions of this part apply to the transportation of
				  unstamped cigarettes in New Mexico by any person.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 2 - SHIPMENT OF UNSTAMPED CIGARETTES IN NEW MEXICO › Section 3.9.2.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Section
				  9-11-6.2
				  NMSA 1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 2 - SHIPMENT OF UNSTAMPED CIGARETTES IN NEW MEXICO › Section 3.9.2.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
9/14/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 2 - SHIPMENT OF UNSTAMPED CIGARETTES IN NEW MEXICO › Section 3.9.2.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective of this part is to interpret, exemplify,
				  implement and enforce the provisions of the Cigarette Tax
				  Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 9 - CIGARETTE AND TOBACCO PRODUCTS TAXES › Part 2 - SHIPMENT OF UNSTAMPED CIGARETTES IN NEW MEXICO › Section 3.9.2.8 - TRANSPORTING UNSTAMPED CIGARETTES INTO NEW MEXICO

Current through Register Vol. 35, No. 13, July 16, 2024
A person filing a notice with the department, pursuant to
				  Subsection A of Section
				  7-12-12
				  NMSA 1978, shall include in the notice the following information:
A. name and address of the person receiving
				the unstamped cigarettes in New Mexico;
B. the quantity of unstamped cigarettes being
				shipped into the state to that person;
C. the brands of the cigarettes being shipped
				into the state to that person; and
D. the date of shipment.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Sections
				  9-11-6.2
				  and
				  7-14-11
				  NMSA 1978.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
7/31/96, unless a later date is cited at the end of a
				  section, in which case the later date is the effective date.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective of this part is to interpret, exemplify,
				  implement and enforce the provisions of the Motor Vehicle Excise Tax
				  Act.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.7 - DEFINITIONS

Current through Register Vol. 35, No. 13, July 16, 2024
A. "Member of a
				NATO force" means the military and civilian personnel of the NATO force and
				their dependents.
B. "NATO force"
				means any NATO signatory's military unit or force or civilian component thereof
				present in New Mexico in accordance with the north Atlantic treaty.
C. "NATO signatory" means a nation, other
				than the United States of America, that is a contracting party to the north
				Atlantic treaty.
D. "Price paid" is
				the dollar amount to which the motor vehicle excise tax is applied and (except
				as provided in Section
				7-14-4
				NMSA 1978 if the price paid does not represent the value of the vehicle) is the
				total net purchase price paid by the buyer for the vehicle itself, including
				any deposit or down payment, at the time of sale. "Price paid" includes any
				charges to the buyer for accessories, transportation, delivery and dealer
				preparation. "Price paid" is reduced by the value of any vehicle trade-in and
				by any discounts or rebates that are applied to the buyer's balance due at time
				of sale. "Price paid" is also reduced by the value of any manufacturer's or
				other rebate that is contractually guaranteed to the buyer at time of sale,
				even though the rebate is received by the buyer at a later date.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.8 - VEHICLES SOLD UNDER CERTAIN AGREEMENTS ARE NOT TRADE-INS

Current through Register Vol. 35, No. 13, July 16, 2024
A "factory repurchase agreement" is an agreement under which
				  a person who maintains a fleet of vehicles purchased through one or more
				  dealers sells used vehicles from its fleet directly to the manufacturer.
				  Because two separate transactions with different parties are occurring, the
				  value of the vehicles sold by the fleet owner to the manufacturer under a
				  factory repurchase agreement may not be deducted for purposes of the motor
				  vehicle excise tax as an allowance for vehicles traded in when the fleet owner
				  purchases new vehicles from a dealer.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.9 - VEHICLES SOLD TO THE UNITED STATES

Current through Register Vol. 35, No. 13, July 16, 2024
Because issuance of a certificate of title is not required
				  with respect to vehicles sold to the United States, the motor vehicle excise
				  tax does not apply to vehicles sold or transferred to the United States. This
				  regulation applies to sales or transfers of vehicles on or after July 1,
				  1988.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.10 - VEHICLES SOLD TO NATO FORCE

Current through Register Vol. 35, No. 13, July 16, 2024
Because issuance of a certificate of title is not required
				  with respect to vehicles sold or transferred to a NATO force, the motor vehicle
				  excise tax does not apply to vehicles sold or transferred to the NATO force.
				  This regulation applies to sales or transfers of vehicles on or after July 1,
				  1995.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.11 - VEHICLES SOLD TO A MEMBER OF A NATO FORCE

Current through Register Vol. 35, No. 13, July 16, 2024
The sale or transfer of a vehicle to a member of a NATO force
				  is not subject to the motor vehicle excise tax by operation of the provisions
				  of the North Atlantic Treaty. This regulation is retroactively applicable to
				  sales or transfers of vehicles in New Mexico on or after July 1,
				  1995.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.12 - RESPONSIBILITY OF AGENTS FOR PAYMENT OF TAX

Current through Register Vol. 35, No. 13, July 16, 2024
A. For the purposes of the motor vehicle
				excise tax, a "remittance agent" is a person who has contracted with the buyer
				of a vehicle to collect from the buyer and to report and remit on behalf of the
				buyer the motor vehicle excise tax due on the purchase. A remittance agent is
				responsible for correctly reporting the transaction and remitting the full
				amount of motor vehicle excise tax collected from the buyer.
B. Any excess tax remitted by the remittance
				agent will be refunded by the department to the buyer. If the remittance agent
				remits the full amount collected from the buyer but the amount collected and
				remitted is less than the tax due, the department will assess the buyer for the
				deficiency. If the remittance agent remits less than the full amount collected
				from the buyer and the amount remitted is less than the tax due, the remittance
				agent will be assessed for that part of the deficiency equal to the difference
				between the amount remitted by the remittance agent and the amount collected by
				the remittance agent from the buyer; the buyer will be assessed for any
				remaining amount due.
C. Failure of
				a remittance agent who is licensed in accordance with Sections
				66-4-1
				through
				66-4-9
				NMSA 1978 to remit the full amount of motor vehicle excise tax collected from
				the buyer is grounds for revocation of the agent's license.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.13 - TRADE-INS

Current through Register Vol. 35, No. 13, July 16, 2024
A. In determining
				taxable value, Section
				7-14-4
				NMSA 1978 allows the value of "vehicle trade-ins" to be deducted from the price
				paid for, or the reasonable value of, a purchased vehicle. Only the value of
				vehicles may be deducted but, except as provided otherwise in 3.11.4.13 NMAC,
				the value of any vehicle traded-in on the purchase of any other vehicle may be
				deducted. For example, the value of a horse traded-in for a vehicle may not be
				deducted from the price paid for, or reasonable value of, the vehicle. A horse
				is not a vehicle. As another example, the value of a recreational vehicle
				traded-in may be deducted in determining the taxable value of a purchased
				truck. Both are vehicles.
B.
				Because the motor vehicle excise tax is not imposed on manufactured homes, the
				value of a manufactured home trade-in on the purchase of a vehicle other than a
				manufactured home may not be deducted in determining the taxable value of the
				purchased vehicle. For the same reason, when the owner of a vehicle whose
				liability for the motor vehicle excise tax was suspended pursuant to Section
				7-14-7.1
				NMSA 1978 trades the vehicle in on the purchase of another vehicle, the owner
				may not deduct the value of the trade-in vehicle in the determining the taxable
				value of a purchased vehicle.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.14 - REASONABLE VALUE

Current through Register Vol. 35, No. 13, July 16, 2024
With respect to transfers in which the parties are related
				  and to other non-arm's-length transfers, the price paid in itself cannot be
				  relied upon to indicate the market value of the vehicle transferred. In such
				  cases the department will presume that the reasonable value of the vehicle
				  transferred is no less than the average trade-in (wholesale) value for the
				  make, model and year of the vehicle reported by the National Automobile Dealers
				  Association (N.A.D.A.) at the time of transfer. For vehicles not covered by the
				  applicable N.A.D.A. guide, the comparable value reported by any comparable
				  guide may be used. The taxpayer may rebut the presumption by presenting
				  evidence sufficient in the opinion of the director, motor vehicle division, to
				  establish a lower value. Evidence that merely establishes or confirms the price
				  paid is not evidence of reasonable value. 3.11.4.14 NMAC does not apply to
				  voluntary transfers without consideration or to transfers by operation of
				  law.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.15 - GIFTS

Current through Register Vol. 35, No. 13, July 16, 2024
To establish that a voluntary transfer without consideration
				  has occurred, the department may require the parties to complete affidavits
				  under penalty of perjury that a voluntary transfer without consideration has
				  occurred and to submit such other evidence as is appropriate under the
				  circumstances of the transfer.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 11 - MOTOR VEHICLE TAXES AND FEES › Part 4 - SALE OR TRANSFER OF VEHICLES › Section 3.11.4.16 - SALE OF ATV SUBJECT TO TAX

Current through Register Vol. 35, No. 13, July 16, 2024
All-terrain vehicles (ATVs) are subject to the registration
				  and titling provisions of the Motor Vehicle Code. Therefore the motor vehicle
				  excise tax and not the gross receipts tax applies to the sale of
				  ATVs.
New Mexico Administrative Code › Title 3 - TAXATION › Chapter 12 - HIGHWAY USE TAXES AND FEES › Part 1 - GENERAL PROVISIONS › Section 3.12.1.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
Taxation and Revenue Department, Joseph M. Montoya Building,
				  1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM
				  87504-0630