NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-29-7
Operator's report; tax remittance; additional information
Each operator shall, in the form and manner required by the department, file a return with the department showing the total value, volume and kind of products sold from each production unit for each calendar month. All taxes due or to be remitted by the operator shall accompany this return. The return shall be filed on or before the twenty-fifth day of the second month after the calendar month for which the return is required.
Any additional report or information the department may deem necessary for the proper administration of the Oil and Gas Severance Tax Act may be required.
Amendment history
1953 Comp., § 72-19-10, enacted by Laws 1959, ch. 52, § 10; 1986, ch. 5, § 2; 2025, ch. 130, § 118.
Source: official source (NMSA chapter on nmonesource.com)
In this article (16 sections)
- 7-29-1 · Title
- 7-29-2 · Definitions
- 7-29-3 · Repealed
- 7-29-4 · 7-29-4
- 7-29-4.1 · Taxable value; method of determining
- 7-29-4.2 · Value may be determined by department; standard
- 7-29-4.3 · 7-29-4.3
- 7-29-4.4 · Repealed
- 7-29-4.5 · Repealed
- 7-29-4.6 · Repealed
- 7-29-4.7 · Repealed
- 7-29-5 · Products on which tax has been levied; department rule
- 7-29-6 · 7-29-6
- 7-29-7 · Operator's report; tax remittance; additional information
- 7-29-8 · Purchaser's report; tax remittance; additional information
- 7-29-23 · Advance payment required