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Tax Administration Act

New Mexico · Taxation · §§ 7-1-1 to 7-1-9 · 198 sections

Overview

The Tax Administration Act governs how New Mexico's tax laws are administered and enforced, covering taxpayer recordkeeping and reporting obligations, return filing and payment, audits and inspections, and the assessment and collection of tax. It gives the taxation department authority to identify and register taxpayers, set reporting intervals and payment methods, examine books and records, assess tax subject to a presumption of correctness, and enter into closing agreements, installment arrangements, and other compromises. It also establishes the taxpayer's side of the process — administrative protests, claims for refund or rebate, appeals from hearing officer decisions, abatements and credits, limitation periods on assessment and suit, and recovery of costs and fees.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 6 court decisions.

Most-cited authority: 163 F.3d 1164 - United States v. Wittgenstein

Sections covered

All New Mexico named statutes →

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