New Mexico: Corporations

Tax Rate (2015) 
Corporate Marginal Income Tax Rate 4.80%>$0
6.40%>$500,000
7.30%>$1,000,000
Individual Income Tax Rate 1.7%>$0
3.2%>$5,500
4.7%>$11,000
4.9%>$16,000
Sales Tax Rate 5.125%
Business Tax Climate Index Rankings (2015) 
Business Tax Climate Index 38
Corporate Tax Index Rank 35
Individual Income Tax Index Rank 35
Sales Tax Index Rank 45
Unemployment Insurance Tax Index Rank 10
Property Tax Index Rank 1

Sources:
Tax Foundation (2015)

Glossary