2018 New Mexico Statutes
Chapter 7 - Taxation
Article 1 - Administration
Section 7-1-23 - Disputing liabilities; election of remedies.
Any taxpayer must elect to dispute the taxpayer's liability for the payment of taxes either by protesting the assessment thereof as provided in Section 7-1-24 NMSA 1978 without making payment of the disputed tax liability or by claiming a refund thereof as provided in Section 7-1-26 NMSA 1978 after making payment of the disputed tax liability. The pursuit of one of the two remedies described herein constitutes an unconditional waiver of the right to pursue the other.
History: 1953 Comp., § 72-13-37, enacted by Laws 1965, ch. 248, § 25; 1979, ch. 144, § 22; 2013, ch. 27, § 5; 2017, ch. 63, § 24.
The 2017 amendment, effective June 16, 2017, after each occurrence of "making payment", added "of the disputed tax liability".
The 2013 amendment, effective July 1, 2013, at the beginning of the title, added "Disputing liabilities".