You can find it in Section 7-30 NMSA 1978.
Where can an explanation of this tax be located?
read more
Conservation Tax – Coal – Uranium – Geothermal Energy
What is the rate for the Conservation tax on coal, uranium and geothermal energy?
The rate of tax is nineteen-hundredths percent (.19%) of the taxable value of sold products.
How is taxable value derived on coal, uranium and geothermal energy?
Please see Section 7-30-5 NMSA 1978.
Which form do I use to file under this tax program for coal, uranium and geothermal energy?
Use Form RPD–41120, Coal/Uranium Conservation Tax Report.
What is the tax-due date?
The tax is due on the 25th day of the month following the month of production unless otherwise authorized by the Department.