2021 New Mexico Statutes
Chapter 7 - Taxation
Article 3A - Oil and Gas Proceeds and Pass-Through Entity Withholding Tax

Section 7-3A-1 - Short title. - Chapter 7, Article 3A NMSA 1978 may be referred to...

Section 7-3A-2 - Definitions. - As used in the Oil and Gas Proceeds and Pass-Through...

Section 7-3A-3 - Withholding from oil and gas proceeds and net income. - A. Except as otherwise provided in this section, a remitter...

Section 7-3A-4 - Deductions considered taxes. - Amounts deducted under the provisions of the Oil and Gas...

Section 7-3A-5 - Remitters and pass-through entities liable for amounts deducted and withheld; exceptions. - A. Every remitter or pass-through entity is liable for: (1)...

Section 7-3A-6 - Date payment due; form. - A. Amounts withheld under the provisions of the Oil and...

Section 7-3A-7 - Statements of withholding. - A. Every remitter shall: (1) file an annual statement of...

Section 7-3A-8 - Withheld amounts credited against income tax. - The entire amount of oil and gas proceeds and an...

Section 7-3A-9 - Interpretation of act; administration and enforcement of act; report to legislature. - A. The department shall interpret the provisions of the Oil...