N.M. Admin. Code § 3.1.11.9
Current through Register Vol. 35, No. 24, December 23, 2024
The secretary may compromise the assessment of civil penalty by entering into a written closing agreement if and when the secretary has a good faith doubt of the taxpayer's liability. The secretary may not compromise the civil penalty because of the taxpayer's inability to pay. The secretary may not compromise the civil penalty solely because of the threat of litigation. The secretary may not compromise the civil penalty solely as an expedient means of disposing of a controversy.
N.M. Admin. Code § 3.1.11.9