us-nm/stat
NMSA 1978, § 7-40-7 — Date payment due
A.
Except as provided in Subsections B and C of this section, for each calendar
quarter, an estimated payment of the premium tax and the health insurance premium
surtax shall be made on April 15, July 15, October 15 and the following January 15.
The estimated payments shall be equal to at least one-fourth of the payment made
during the previous calendar year or one-fifth of the actual payment due for the current
calendar year, whichever is greater. The final adjustment for payments due for the prior
year shall be made with the return filed on April 15, at which time all taxes for that year
are due.
B.
Within sixty days after expiration of a calendar quarter, a surplus lines broker
shall pay the premium tax due on surplus lines insurance where New Mexico is the
home state of the insured transacted under the surplus lines broker's license during
such calendar quarter, as reported to the department.
C.
For each calendar quarter, an estimated payment of the self-insured group tax
shall be made on April 15, July 15, October 15 and the following January 15. The
estimated payments shall be equal to at least one-fourth of the payment made during
the previous calendar year. The final adjustment for payments due for the prior year
shall be made with the return filed on April 15, at which time all taxes for that year are
due.
Source: official text