N.M. Stat. § 7-15A-16
Current through 2024, ch. 69
Any person required to file a report pursuant to Subsection B of Section 7-15A-8 NMSA 1978 that is determined to have reported less than the mileage actually traveled on New Mexico highways during a tax payment period or less than the actual gross vehicle weight traveled during a tax payment period shall, in addition to any other applicable fees, penalties and interest, pay an additional penalty computed in accordance with the following schedule:
Weight Distance Tax Owed Per Period | Penalty |
$1 to $99 | $ 100 |
$100 to $499 | $ 500 |
$500 to $999 | $1,000 |
$1,000 to $1,499 | $1,500 |
$1,500 to $1,999 | $2,000 |
$2,000 to $2,499 | $2,500 |
$2,500 to $2,999 | $3,000 |
$3,000 and over | $4,000. |
NMS § 7-15A-16