The severance tax is to be paid on or before the twenty-fifth day of the month following the month in which the taxable event occurs.
§ 7-26-8 NMSA 1978
Date payment of tax due
Known as the Severance Tax Act
The act spans §§ 7–7 (14 sections).
1953 Comp., § 72-18-8, enacted by Laws 1977, ch. 102, § 10.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.