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.
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.
About this application: This application presents data from the US Census Quarterly Summary of State and Local Government Tax Revenue. The summary provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states. This quarterly survey has been conducted continuously since 1962. The information contained in this survey is the most current information available on a nationwide basis for government tax collections.
