Partnertax.ai
Start free trial →

NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-1-15

Secretary may set tax reporting and payment intervals

Official textnmonesource.comlast amended

The secretary may, pursuant to rule, allow taxpayers with an anticipated tax liability of less than five hundred dollars ($500) a month to report and pay taxes at intervals which the secretary may specify. However, unless specifically permitted by law, an interval shall not exceed one year.

Amendment history

1953 Comp., § 72-13-30.1, enacted by Laws 1969, ch. 31, § 1; 1979, ch. 144, § 14; 1983, ch. 211, § 25; 1988, ch. 73, § 7; 1991, ch. 138, § 1; 1998, ch. 105, § 2; 2025, ch. 130, § 27.

Source: official source (NMSA chapter on nmonesource.com)

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this article (40 sections)
  1. 7-1-8.6 · 7-1-8.6
  2. 7-1-8.7 · 7-1-8.7
  3. 7-1-8.8 · 7-1-8.8
  4. 7-1-8.9 · 7-1-8.9
  5. 7-1-8.10 · 7-1-8.10
  6. 7-1-8.11 · 7-1-8.11
  7. 7-1-9 · 7-1-9
  8. 7-1-10 · 7-1-10
  9. 7-1-11 · 7-1-11
  10. 7-1-11.1 · Managed audits
  11. 7-1-11.2 · Required audit notices
  12. 7-1-12 · Identification of taxpayers
  13. 7-1-12.1 · 7-1-12.1
  14. 7-1-12.2 · 7-1-12.2
  15. 7-1-13 · Taxpayer returns; payment of taxes; extension of time
  16. 7-1-13.1 · Method of payment of certain taxes due
  17. 7-1-13.2 · Repealed
  18. 7-1-13.3 · Repealed
  19. 7-1-13.4 · Electronic payments; reversals
  20. 7-1-14 · 7-1-14
  21. 7-1-15 · Secretary may set tax reporting and payment intervals
  22. 7-1-15.1 · Secretary may permit or require rounding
  23. 7-1-15.2 · Repealed
  24. 7-1-16 · Delinquent taxpayer
  25. 7-1-17 · Assessment of tax; presumption of correctness
  26. 7-1-17.1 · Tax liability; spouse or former spouse
  27. 7-1-18 · Limitation on assessment by department
  28. 7-1-19 · Limitation of actions
  29. 7-1-20 · Compromise of taxes; closing agreements
  30. 7-1-21 · Installment payments of taxes; installment agreements
  31. 7-1-21.1 · Special agreements; alternative gross receipts taxpayer
  32. 7-1-22 · Exhaustion of administrative remedies
  33. 7-1-23 · Disputing liabilities; election of remedies
  34. 7-1-24 · Disputing liabilities; administrative protest
  35. 7-1-24.1 · Repealed
  36. 7-1-25 · Appeals from hearing officer's decision and order
  37. 7-1-26 · Disputing liabilities; claim for rebate or refund
  38. 7-1-26.1 · Repealed
  39. 7-1-27 · 7-1-27
  40. 7-1-28 · Authority for abatements of assessments of tax
Full table of contents →