2021 New Mexico Statutes
Chapter 7 - Taxation
Article 3 - Income Tax Withholding

Section 7-3-1 - Short title. - Chapter 7, Article 3 NMSA 1978 may be cited as...

Section 7-3-2 - Definitions. - As used in the Withholding Tax Act: A. "department" means...

Section 7-3-3 - Tax withheld at source. - A. Every employer who deducts and withholds a portion of...

Section 7-3-4 - Deductions considered taxes. - Amounts deducted under the provisions of the Withholding Tax Act...

Section 7-3-5 - Withholder liable for amounts deducted and withheld; exceptions. - Every withholder shall be liable for amounts required to be...

Section 7-3-6 - Date payment due. - Taxes withheld under the provisions of the Withholding Tax Act...

Section 7-3-7 - Statements of withholding. - A. Every employer shall file with the department an annual...

Section 7-3-8 - Annual statement of withholding and information regarding state assistance for low-income New Mexicans to be provided to withholdees. - On or before January 31 of the year following that...

Section 7-3-9 - Withheld amounts credited against tax. - The entire amount of income upon which tax was deducted...

Section 7-3-10 - Voluntary submission to act. - Any employee whose participation under the Withholding Tax Act is...

Section 7-3-11 - Acts to be performed by agents; liability of third parties. - A. When a fiduciary, agent or other person has the...

Section 7-3-12 - Repealed. - History: Laws 1999, ch. 14, § 3; 2000, ch. 33,...

Section 7-3-13 - Withholding information return required; penalty. - A. An employer that has more than fifty employees and...

Section 7-3-14 - Composite returns. (Effective January 1, 2022.) - A. A pass-through entity may file a composite income tax...