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2020 New Mexico Business Personal Property Report Otero County Assessor 1104 N White Sands Blvd #B, Alamogordo NM 88310 (575)4375310 or (575)4392656 Deadline for Response is February 29, 2020Business
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New Mexico business personal property includes tangible assets used in commercial or industrial activities, such as furniture, equipment, and supplies.
Any individual or entity that owns business personal property in New Mexico is required to file a business personal property tax return.
You can fill out the New Mexico business personal property tax return online through the state's tax website or by mail using the forms provided by the tax department.
The purpose of the New Mexico business personal property tax is to assess a tax on tangible assets used in commercial or industrial activities to fund local government services.
Information that must be reported on the New Mexico business personal property tax return includes a description of the property, its cost, its location, and its intended use.
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