Home > New Mexico Tax Revenue - T41 - Corporation net income taxes - Q3 2011

Tax Type State Variables Year Quarter

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T41 - Corporation net income taxes - New Mexico (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $24,500
1994 Q2 1994 $26,079
1994 Q3 1994 $33,000
1994 Q4 1994 $13,300
1995 Q1 1995 $24,500
1995 Q2 1995 $26,079
1995 Q3 1995 $55,660
1995 Q4 1995 $22,433
1996 Q1 1996 $41,323
1996 Q2 1996 $43,986
1996 Q3 1996 $33,000
1996 Q4 1996 $22,433
1997 Q1 1997 $41,323
1997 Q2 1997 $43,986
1997 Q3 1997 $32,652
1997 Q4 1997 $26,322
1998 Q1 1998 $52,712
1998 Q2 1998 $68,335
1998 Q3 1998 $32,652
1998 Q4 1998 $26,322
1999 Q1 1999 $52,712
1999 Q2 1999 $68,335
1999 Q3 1999 $28,433
1999 Q4 1999 $27,670
2000 Q1 2000 $53,919
2000 Q2 2000 $55,780
2000 Q3 2000 $38,134
2000 Q4 2000 $34,321
2001 Q1 2001 $66,735
2001 Q2 2001 $51,482
2001 Q3 2001 $8,703
2001 Q4 2001 $26,109
2002 Q1 2002 $46,001
2002 Q2 2002 $43,514
2002 Q3 2002 $39,296
2002 Q4 2002 $20,354
2003 Q1 2003 $6,027
2003 Q2 2003 $51,326
2003 Q3 2003 $5,922
2003 Q4 2003 $26,819
2004 Q1 2004 $12,815
2004 Q2 2004 $71,284
2004 Q3 2004 $4,048
2004 Q4 2004 $63,986
2005 Q1 2005 $58,257
2005 Q2 2005 $77,700
2005 Q3 2005 $3,498
2005 Q4 2005 $88,987
2006 Q1 2006 $90,988
2006 Q2 2006 $127,393
2006 Q3 2006 $105,628
2006 Q4 2006 $102,189
2007 Q1 2007 $107,104
2007 Q2 2007 $144,959
2007 Q3 2007 $80,335
2007 Q4 2007 $97,749
2008 Q1 2008 $94,996
2008 Q2 2008 $81,478
2008 Q3 2008 $101,725
2008 Q4 2008 $80,938
2009 Q1 2009 $38,515
2009 Q2 2009 $29,827
2009 Q3 2009 $1,613
2009 Q4 2009 $22,168
2010 Q1 2010 $9,606
2010 Q2 2010 $19,946
2010 Q3 2010 $2,461
2010 Q4 2010 $82,930
2011 Q1 2011 $61,932
2011 Q2 2011 $23,995
2011 Q3 2011 $2,461

Code: T41 Corporation Net Income Taxes

Definition: Taxes on corporations and unincorporated businesses (when taxed separately from individual income), measured by net income, whether on corporations in general or on specific kinds of corporations, such as financial institutions.

Excludes: Income taxes on gross income or receipts of corporations (report at Sales and Gross Receipts Taxes, codes T09 - T19) and combined corporation and individual income taxes not separable by type in older, historical data (report at Individual Income Taxes, code T40).

Examples: State governments - Michigan's VAT tax (Single Business Tax) is classified here.

Special Consideration:  Although such taxes may be called "license" or "franchise taxes," they are classified here if measured by net income.

Category: Income Taxes

Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).

Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.

Source: U.S. Census Bureau

Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.