The State of New Mexico is a self rendering state. According to Section 7-38-47 NMSA 1978, property taxes are a personal obligation of the property owner. The owner is still responsible for finding out about the tax and paying it. A personal judgment may be rendered...
Frequently Asked Questions
What determines the amount of the minimum bid on a mobile home?
The minimum bid is based on the amount of taxes, penalty, interest and costs due. The owner’s interest in the mobile home is also taken into consideration.
Where are the delinquent mobile home tax auctions held?
Delinquent mobile home tax auctions are held at the county seat (courthouse) or another place designated by the county treasurer's offices in counties where the properties are located.
When does the county treasurer’s office conduct delinquent mobile home tax sales?
There is no set schedule for public auctions; public auctions occur as all research is completed and all other collection efforts are exhausted in each county. For information on when a sale may take place in a given county, please contact the specific county treasurer.
What transactions are subject to New Mexico governmental gross receipts tax?
Governmental gross receipts tax applies only to: The sale of tangible personal property other than water from facilities open to the general public The performance of, or admissions to, recreational, athletic or entertainment services or events in facilities open to...
If a business sells a service or leases property to a federal, NM or tribal government agency, are the gross receipts from that sale or lease subject to NM governmental gross receipts tax?
No. Governmental gross receipts tax does not apply to receipts from sales or leases to government agencies. Rather, the tax applies to the gross receipts of an agency, institution, instrumentality or political subdivision of the State of New Mexico from transactions...
If the gross receipts of an agency, institution, instrumentality or political subdivision of NM are not subject to governmental gross receipts tax, are they subject to regular gross receipts tax?
Generally, they are not. Such gross receipts are exempt from regular gross receipts tax under Section 7-9-13 NMSA 1978 except for: - receipts from the sale of gas or electricity by a utility owned or operated by a county, municipality, or other political subdivision...
Where can I find an explanation of this tax?
Chapter 7, Article 33 NMSA 1978
What is the purpose of the Natural Gas Processors tax?
It is a tax on processors for the privilege of operating a natural gas processing plant in New Mexico.
On what is the tax imposed?
The tax is imposed on the amount of mmBtus of natural gas delivered to the processor at the inlet of the natural gas processing plant after taking specifically authorized mmBtu deductions. The definition of “mmBtu” is one million British thermal units.