Annual State Government Tax Collections

New Mexico

			Thousands of Dollars
	Name	Period	Value	Preceding Period	Year Ago from Period
	Total Taxes	2025	14,938,479	14,223,723	14,223,723
	Property Taxes	2025	125,895	125,960	125,960
	Sales and Gross Receipts Taxes	2025	6,172,895	5,927,262	5,927,262
	General Sales and Gross Receipts Taxes	2025	4,533,242	4,330,008	4,330,008
	Selective Sales and Gross Receipts Taxes	2025	1,639,653	1,597,254	1,597,254
	Alcoholic Beverages Sales Tax	2025	48,134	48,522	48,522
	Amusements Sales Tax	2025	67,993	67,835	67,835
	Insurance Premiums Sales Tax	2025	703,453	684,480	684,480
	Motor Fuels Sales Tax	2025	331,719	319,399	319,399
	Pari-mutuels Sales Tax	.	.	.	.
	Public Utilities Sales Tax	2025	112,934	104,087	104,087
	Tobacco Products Sales Tax	2025	77,921	78,575	78,575
	Other Selective Sales and Gross Receipts Taxes	2025	295,902	293,069	293,069
	License Taxes	2025	455,292	400,702	400,702
	Alcoholic Beverages License	2025	1,000	4,000	4,000
	Amusements License	2025	575	556	556
	Corporations in General License	2025	3,116	5,060	5,060
	Hunting and Fishing License	2025	33,522	29,976	29,976
	Motor Vehicle License	2025	227,614	185,465	185,465
	Motor Vehicle Operators License	2025	18,314	13,834	13,834
	Public Utilities License	2025	2,055	1,636	1,636
	Occupation and Business License, not Elsewhere Classified	2025	56,630	51,255	51,255
	Other License Taxes	2025	112,466	108,920	108,920
	Income Taxes	2025	3,300,387	2,781,940	2,781,940
	Individual Income Taxes	2025	2,518,358	2,171,700	2,171,700
	Corporation Net Income Taxes	2025	782,029	610,240	610,240
	Other Taxes	2025	4,884,010	4,987,859	4,987,859
	Death and Gift Taxes	2025	3,527	35,511	35,511
	Documentary and Stock Transfer Taxes
	Severance Taxes	2025	4,659,195	4,710,204	4,710,204
	Taxes, not Elsewhere Classified	2025	221,288	242,144	242,144