Tax Information
Property Taxes
New Mexico has some of the lowest property taxes in the nation!
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Source : 2023 Tax Levies - Lea County Assessor
There are NO inventory taxes in New Mexico!
Corporate income Tax
New Mexico has reduced corporate income tax by 22% since 2014!
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Gross receipts TAX
GRT (sales tax) is collected on goods and services
July 2024 - December 2024
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