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us-nm/statute/chapter-7/article-32 — Oil and Gas Ad Valorem Production Tax · Axiom
Axiom
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New Mexico
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Statutes
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Chapter 7
Oil and Gas Ad Valorem Production Tax
28 sections
7-32-1
Title.
7-32-2
Definitions.
7-32-3
Repealed.
7-32-4
Ad valorem tax levied; collected by department; rate; interest owner's liability to state; Indian liability.
7-32-5
Assessed value; method of determining.
7-32-6
Value may be determined by department; standard.
7-32-7
Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.
7-32-8
Products on which tax has been levied; department rule.
7-32-9
Operator or purchaser to withhold interest owner's tax; department may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.
7-32-10
Operator's report; tax remittance; additional information.
7-32-11
Purchaser's report; tax remittance; additional information.
7-32-12
Repealed.
7-32-13
Department shall prepare schedules and forward to assessors and treasurers.
7-32-14
Monthly report to department of finance and administration; remittance to state and county treasurers; state and county treasurers may distribute funds.
7-32-15
Determination of assessed values for taxing districts.
7-32-16
Repealed.
7-32-17
Repealed.
7-32-18
Repealed.
7-32-19
Repealed.
7-32-20
Repealed.
7-32-21
Repealed.
7-32-22
Repealed.
7-32-23
Repealed.
7-32-24
Repealed.
7-32-25
Repealed.
7-32-26
Repealed.
7-32-27
Repealed.
7-32-28
Advance payment required.
