New Mexico Statutes
§ 7-1-71 — Civil penalty for failure to collect and pay over tax
New Mexico § 7-1-71
This text of New Mexico § 7-1-71 (Civil penalty for failure to collect and pay over tax) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 7-1-71 (2026).
Text
If any person required to collect and pay over any tax fails, neglects or refuses to collect such tax or to account for and pay over such tax, he shall either pay the amount of tax himself or he shall pay a penalty equal to the total amount of the tax not collected or not accounted for and paid over, in either case in addition to other penalties provided by law.
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Legislative History
1953 Comp., § 72-13-84, enacted by Laws 1965, ch. 248, § 72.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversalsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 7-1-71, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-1-71.