North America

New Mexico Interest Rate Unchanged For Fourth Quarter of 2021

Robert Beck
September 24, 2021

New Mexico recently released an update to its 400.04 Bulletin which contains the Effective Interest Rates for Late Payment of Tax Due. The interest rate will remain at 3% for the 4th Quarter of 2021. The rate has been at 3% since July 1, 2020.
To view the complete bulletin, click here.

 

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Author

Robert Beck

Robert Beck is a Junior Regulatory Counsel at Sovos Compliance. As part of the Regulatory Analysis team, his main areas of focus are state and federal tax withholding, and the Affordable Care Act (ACA). Robert is a member of the Massachusetts Bar and received his J.D. from New England Law | Boston and his B.A. in Justice from University of Alaska Fairbanks.
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