2021 New Mexico Statutes
Chapter 7 - Taxation
Article 25 - Resources Excise Tax

Section 7-25-1 - Short title. - Chapter 7, Article 25 NMSA 1978 may be cited as...

Section 7-25-2 - Purpose. - The purpose of the Resources Excise Tax Act is to...

Section 7-25-3 - Definitions. - As used in the Resources Excise Tax Act: A. "department"...

Section 7-25-4 - Rate and measure of tax; denomination as "resources tax". - A. For the privilege of severing natural resources, there is...

Section 7-25-5 - Rate and measure of tax; denomination as "processors tax". - A. For the privilege of processing natural resources, there is...

Section 7-25-6 - Rate and measure of tax; denomination as "service tax". - A. For the privilege of severing or processing in New...

Section 7-25-7 - Exemption; resources tax. - Exempted from the resources tax is the taxable value of...

Section 7-25-8 - Sales of natural resources subject to Gross Receipts and Compensating Tax Act. - In addition to being subject to the Resources Excise Tax...

Section 7-25-9 - Date payment due. - The taxes imposed by the Resources Excise Tax Act are...