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RPD-41129 Rev. 11/14/2011 State of New Mexico Taxation and Revenue Department LIQUOR EXCISE TAX RETURN Check if amended Check if you are a direct wine shipment permittee WHOLESALER: REPORT PERIOD:.

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By Ted Alcorn, New Mexico In Depth | March 15, 2023 On Wednesday, a Senate committee amended a tax package passed by the House earlier this week to hike alcohol taxes 5¢ per drink for beer, wine, and spirits, greater than the 1¢ to 2¢ increase included in the original proposal.

Many cities and counties in New Mexico also collect GRT to pay for municipal services, so the rate you pay will vary depending on where you are in the state. Excise taxes on the sales of tobacco, liquor, motor vehicles, and telecommunications services account for 8%.

Specifically, 25 cents per one and a half ounce serving of what the state calls spirituous liquors, 25 cents per twelve ounce servings of beer and cider, 25 cents per a 5-ounce serving of wine, and 25 cents on a 3.5-ounce serving of fortified wine.

Most liquors are taxed at 7.1 cents per serving; wine at 6.7 cents and beer at 3.9 cents, ing to state law. Advocates say the excise tax increase would lead to a drop in alcohol consumption and, therefore, save lives.

For information on taxes and tariffs on tobacco products, please refer to the Taxes/Tariffs section below. All alcoholic beverages sold in Mexico are subject to Mexico's 16% value added tax (VAT)....Mexico. CommodityIEPS (Special Tax)Cigarettes160%Cigars and other tobacco160%Handmade cigars and other such tobacco30.4%4 more rows • Sep 13, 2022

Like many states, New Mexico taxes alcohol wholesalers a fixed amount per volume of beverage they sell to retailers, who raise prices on consumers to cover the upcharge. Experts say higher taxes reduce some of alcohol's harmful impacts by making it more expensive to drink excessively.

Washington has the highest spirits tax in the United States at $33.22 per gallon....Alcohol Tax by State Washington - $33.22. Oregon - $21.95. Virginia - $19.89. Alabama - $19.11. Utah - $15.92. North Carolina - $14.58. Kansas - $13.03. Alaska - $12.80.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232