In The News
New Mexico to step up tax enforcement
On Feb. 16, New Mexico will begin a crack-down on trucking companies not paying all the weight-distance and trip taxes they owe.
The
state’s taxation and revenue and public safety departments stepped up
enforcement after two 72-hour enforcement blitzes at the Gallup and San
Jon entry ports last year. That revealed hundreds of carriers were not
paying these taxes that help maintain and build roads. The enforcement
efforts resulted in more than $150,000 collected in delinquent taxes
and 320 citations to be issued for safety violations.
Enhanced
compliance and collection drive will include additional personnel at
entry ports, electronic license plate readers, improved data collection
and analysis, dedicated staff to work directly with truckers and new
field auditors to assure compliance.
Weight-distance and trip
taxes currently contribute $88 million to the state’s road fund. These
upcoming collection efforts will generate at least $7 million more in
annual taxes. The new compliance and collection program will cost $2
million for equipment and temporary personnel and $1 million annually
once it is operational.
New Mexico’s taxation and revenue
department is authorized to charge up to a $10 annual fee per truck to
pay for enforcement, compliance and collection.