Oil and Gas Ad Valorem Production Tax

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Oil and Gas Ad Valorem Production Tax

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Section
7-32-1

Title.

Section
7-32-2

Definitions.

Section
7-32-3

Repealed.

Section
7-32-4

Ad valorem tax levied; collected by division; rate; interest owner's liability to state; Indian liability.

Section
7-32-5

Assessed value; method of determining.

Section
7-32-6

Value may be determined by commission; standard.

Section
7-32-7

Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.

Section
7-32-8

Products on which tax has been levied; regulation by commission.

Section
7-32-9

Operator or purchaser to withhold interest owner's tax; commission may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.

Section
7-32-10

Operator's report; tax remittance; additional information.

Section
7-32-11

Purchaser's report; tax remittance; additional information.

Section
7-32-12

Repealed.

Section
7-32-13

Division shall prepare schedules and forward to assessors; assessor shall deliver schedule to treasurer.

Section
7-32-14

Monthly report to department of finance and administration; remittance to state and county treasurers; state and county treasurers may distribute funds.

Section
7-32-15

Determination of assessed values for taxing districts.

Section
7-32-16

Repealed.

Section
7-32-17

Repealed.

Section
7-32-18

Repealed.

Section
7-32-19

Repealed.

Section
7-32-20

Repealed.

Section
7-32-21

Repealed.

Section
7-32-22

Repealed.

Section
7-32-23

Repealed.

Section
7-32-24

Repealed.

Section
7-32-25

Repealed.

Section
7-32-26

Repealed.

Section
7-32-27

Repealed.

Section
7-32-28

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