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CNMI Department of Finance

News Room

    Page 7 of 12

    • Local Economic Impact Payment Exempt from Earnings Tax

      On January 31, 2023, H.B. 22-120 was approved by Governor Arnold I. Palacios and became P.L. 22-31, by which local stimulus payments are not subject to earnings tax. Unlike the Economic Impact Payments (EIP), which are not taxable income, the Local EIP is taxable under the Northern Marianas Territorial Income Tax (NMTIT).

    • Form 1040CM (2022)

      The 2022 Form 1040CM Northern Marianas Territorial Income Tax Return copies will not be available for public distribution at the Division of Revenue and Taxation Office. Filers are encouraged to download the form.

    • Notice of Office Closure

      The Department of Finance - Division of Revenue and Taxation office would like to inform the general public that our office will be closed on Friday, December 02, 2022 for staff professional development. Office will resume normal Business Hours on Monday, December 05, 2022.

    • Local Stimulus Cards Expiring Soon

      The Department of Finance, Division of Revenue & Taxation (DRT) would like to advise the general public that the Local Economic Impact Payment 2 (LEIP2) stimulus cards issued to taxpayers based on the 2021 income tax return will expire on December 31, 2022.

    • 2021 Department of Finance Annual Report

      The Commonwealth of the Northern Mariana Islands | Department of Finance - Annual Report for Fiscal Year 2021

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