New Mexico Tax Developments


INTRODUCTION New Mexico continues to struggle with a substantial reduction in tax revenue coupled with the Governor’s pledge to not sign any legislation increasing tax rates or imposing new taxes.  This has led to a call from the Governor to reduce expenditures. Cost cutting measures include a state hiring freeze for all but law enforcement…

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HB 412: Substantial Rework of New Mexico Taxes


In the 2017 Legislature, one of the most notable measures is House Bill 412. If enacted, it would affect all New Mexico taxpayers. It is a massive tax reform bill that seeks to rework the current tax code to fit today’s economy. The following is a summary of the most significant features of House Bill 412 as introduced. The summary is not intended…

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Legislative Update: 2017 Midsession Review of Select Business-related Measures


The following is a summary of certain bills that may be of interest to our business clients and friends. The bills are working their way through the legislative process and are discussed here as they stood at midsession. Only some will receive approval of both houses and the governor. The 60-day New Mexico legislative session began January 17, 2017,…

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Albuquerque High School Gold Mock Trial Team Qualifies for State Finals


Members of the Albuquerque High School Gold Mock Trial Team (Carmen Ortega, James Jarrett, Sara Albanna, Katon Luaces, Paloma Ortega, and Sean Simons), sponsored by Sutin, Thayer & Browne APC, gather in front of the Bernalillo County Metropolitan Courthouse during the Gene Franchini High School Mock Trial Program's qualifier competition, held…

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Property Tax Deskbook Co-edited by Tim Van Valen


The American Bar Association recently published its 21st Edition of The Property Tax Deskbook, which is co-edited by Sutin, Thayer & Browne tax attorney Timothy R. Van Valen.  Mr. Van Valen not only co-edits the hefty annual state-by-state publication but also writes and updates the New Mexico section each year. He has been involved…

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