There is a newer version of the New Mexico Statutes
2006 New Mexico Statutes - Article 9 — Gross Receipts and Compensating Tax, 7-9-1 through 7-9-100.
- Section 7-9-1 — Short title.
- Section 7-9-2 — Purpose.
- Section 7-9-3 — Definitions.
- Section 7-9-3.1 — Repealed.
- Section 7-9-3.2 — Additional definition.
- Section 7-9-3.3 — Definition; engaging in business.
- Section 7-9-3.4 — Definitions; construction and construction materials.
- Section 7-9-3.5 — Definition; gross receipts.
- Section 7-9-4 — Imposition and rate of tax; denomination as "gross receipts tax".
- Section 7-9-4.1, 7-9-4.2 — Repealed.
- Section 7-9-4.3 — Imposition and rate of tax; denomination as "governmental gross receipts tax".
- Section 7-9-5 — Presumption of taxability.
- Section 7-9-6 — Separately stating the gross receipts tax.
- Section 7-9-7 — Imposition and rate of tax; denomination as "compensating tax".
- Section 7-9-7.1 — Department barred from taking collection actions with respect to certain compensating tax liabilities.
- Section 7-9-8 — Presumption of taxability and value.
- Section 7-9-9 — Liability of user for payment of compensating tax.
- Section 7-9-10 — Agents for collection of compensating tax; duties.
- Section 7-9-11 — Date payment due.
- Section 7-9-12 — Exemptions.
- Section 7-9-12.1 — Repealed.
- Section 7-9-13 — Exemption; gross receipts tax; governmental agencies.
- Section 7-9-13.1 — Exemption; gross receipts tax; services performed outside the state the product of which is initially used in New Mexico; exceptions.
- Section 7-9-13.2 — Exemption; governmental gross receipts tax; receipts subject to certain other taxes.
- Section 7-9-13.3 — Exemption; gross receipts tax and governmental gross receipts tax; stadium surcharge.
- Section 7-9-13.4 — Exemption; gross receipts tax; sale of textbooks from certain bookstores to enrolled students.
- Section 7-9-13.5 — Exemption; gross receipts tax and governmental gross receipts tax; event center surcharge.
- Section 7-9-14 — Exemption; compensating tax; governmental agencies; indians.
- Section 7-9-15 — Exemption; compensating tax; certain organizations.
- Section 7-9-16 — Exemption; gross receipts tax; certain nonprofit facilities.
- Section 7-9-17 — Exemption; gross receipts tax; wages.
- Section 7-9-18 — Exemption; gross receipts tax and governmental gross receipts tax; agricultural products.
- Section 7-9-18.1 — Exemption; gross receipts tax; food stamps.
- Section 7-9-19 — Exemption; gross receipts tax; livestock feeding.
- Section 7-9-20 — Exemption; gross receipts tax; certain receipts of homeowners associations.
- Section 7-9-21 — Repealed.
- Section 7-9-22 — Exemption; gross receipts tax; vehicles.
- Section 7-9-22.1 — Exemption; gross receipts tax; boats.
- Section 7-9-23 — Exemption; compensating tax; vehicles.
- Section 7-9-23.1 — Exemption; compensating tax; boats.
- Section 7-9-24 — Exemption; gross receipts tax; insurance companies.
- Section 7-9-25 — Exemption; gross receipts tax; dividends and interest.
- Section 7-9-26 — Exemption; gross receipts and compensating tax; fuel.
- Section 7-9-26.1 — Exemption; gross receipts tax and compensating tax; fuel for space vehicles.
- Section 7-9-27 — Exemption; compensating tax; personal effects.
- Section 7-9-28 — Exemption; gross receipts tax; occasional sale of property or services.
- Section 7-9-29 — Exemption; gross receipts tax; certain organizations.
- Section 7-9-30 — Exemption; compensating tax; railroad equipment, aircraft and space vehicles.
- Section 7-9-31 — Exemption; gross receipts and compensating tax; resale activities of an armed forces instrumentality.
- Section 7-9-32 — Exemption; gross receipts tax; oil and gas or mineral interests.
- Section 7-9-33 — Exemption; gross receipts tax; products subject to Oil and Gas Emergency School Tax Act.
- Section 7-9-34 — Exemption; gross receipts tax; refiners and persons subject to Natural Gas Processors Tax Act.
- Section 7-9-35 — Exemption; gross receipts tax; natural resources subject to Resources Excise Tax Act.
- Section 7-9-36 — Exemption; gross receipts tax; oil and gas consumed in the pipeline transportation of oil and gas products.
- Section 7-9-37 — Exemption; compensating tax; use of oil and gas in the pipeline transportation of oil and gas products.
- Section 7-9-38 — Exemption; compensating tax; use of electricity in the production and transmission of electricity.
- Section 7-9-38.1 — Exemption; gross receipts tax; interstate telecommunications services.
- Section 7-9-38.2 — Exemption; gross receipts tax; sale of certain telecommunications services.
- Section 7-9-39 — Exemption; gross receipts tax; fees from social organizations.
- Section 7-9-40 — Exemption; gross receipts tax; purses and jockey remuneration at New Mexico racetracks; receipts from gross amounts wagered.
- Section 7-9-41 — Exemption; gross receipts tax; religious activities.
- Section 7-9-42 — Repealed.
- Section 7-9-43 — Nontaxable transaction certificates and other evidence required to entitle persons to deductions.
- Section 7-9-43.1 — Nontaxable transaction certificates not required by liquor wholesalers.
- Section 7-9-44 — Suspension of the right to use a nontaxable transaction certificate.
- Section 7-9-45 — Deductions.
- Section 7-9-46 — Deduction; gross receipts tax; governmental gross receipts; sales to manufacturers.
- Section 7-9-47 — Deduction; gross receipts tax; governmental gross receipts tax; sale of tangible personal property or licenses for resale.
- Section 7-9-48 — Deduction; gross receipts tax; governmental gross receipts; sale of a service for resale.
- Section 7-9-49 — Deduction; gross receipts tax; sale of tangible personal property and licenses for leasing.
- Section 7-9-50 — Deduction; gross receipts tax; lease for subsequent lease.
- Section 7-9-51 — Deduction; gross receipts tax; sale of construction material to persons engaged in the construction business.
- Section 7-9-51.1 — Repealed.
- Section 7-9-52 — Deduction; gross receipts tax; sale of construction services to persons engaged in the construction business.
- Section 7-9-53 — Deduction; gross receipts tax; sale or lease of real property and lease of manufactured homes.
- Section 7-9-54 — Deduction; gross receipts tax; governmental gross receipts tax; sales to governmental agencies.
- Section 7-9-54.1 — Deduction; gross receipts from sale of aerospace services to certain organizations.
- Section 7-9-54.2 — Gross receipts; deduction; spaceport operation; space operations; launching, operating and recovering space vehicles or payloads; payload services.
- Section 7-9-54.3 — Deduction; gross receipts tax; wind energy generation equipment; sales to government agencies.
- Section 7-9-54.4 — Deduction; compensating tax; space-related test articles.
- Section 7-9-54.5 — Deduction; compensating tax; test articles.
- Section 7-9-55 — Deduction; gross receipts tax; governmental gross receipts tax; transaction in interstate commerce.
- Section 7-9-56 — Deduction; gross receipts tax; intrastate transportation and services in interstate commerce.
- Section 7-9-56.1 — Deduction; gross receipts tax; internet services.
- Section 7-9-56.2 — Deduction; gross receipts tax; hosting world wide web sites.
- Section 7-9-56.3 — Deduction; gross receipts; trade-support company in a border zone.
- Section 7-9-57 — Deduction; gross receipts tax; sale of certain services to an out-of-state buyer.
- Section 7-9-57.1 — Deduction; gross receipts tax; sales through world wide web sites.
- Section 7-9-57.2 — Deduction; gross receipts tax; sale of software development services.
- Section 7-9-58 — Deduction; gross receipts tax; feed; fertilizers.
- Section 7-9-59 — Deduction; gross receipts tax; warehousing, threshing, harvesting, growing, cultivating and processing agricultural products.
- Section 7-9-60 — Deduction; gross receipts tax; governmental gross receipts tax; sales to certain organizations.
- Section 7-9-61 — Repealed.
- Section 7-9-61.1 — Deductions; gross receipts tax; certain receipts.
- Section 7-9-61.2 — Deduction; receipts from sales to state-chartered credit unions.
- Section 7-9-62 — Deduction; gross receipts tax; agricultural implements; aircraft; vehicles that are not required to be registered.
- Section 7-9-62.1 — Deduction; gross receipts tax; aircraft services.
- Section 7-9-63 — Deduction; gross receipts tax; publication sales.
- Section 7-9-64 — Deduction; gross receipts tax; newspaper sales.
- Section 7-9-65 — Deduction; gross receipts tax; chemicals and reagents.
- Section 7-9-66 — Deduction; gross receipts tax; commissions.
- Section 7-9-66.1 — Deduction; gross receipts tax; certain real estate transactions.
- Section 7-9-67 — Deduction; gross receipts tax; governmental gross receipts tax; refunds; uncollectible debts.
- Section 7-9-68 — Deduction; gross receipts tax; warranty obligations.
- Section 7-9-69 — Deduction; gross receipts tax; administrative and accounting services.
- Section 7-9-70 — Deduction; gross receipts tax; rental or lease of vehicles used in interstate commerce.
- Section 7-9-71 — Deduction; gross receipts tax; trade-in allowance.
- Section 7-9-72 — Repealed.
- Section 7-9-73 — Deduction; gross receipts tax; governmental gross receipts; sale of prosthetic devices.
- Section 7-9-73.1 — Deduction; gross receipts; hospitals.
- Section 7-9-73.2 — Deduction; gross receipts tax and governmental gross receipts tax; prescription drugs.
- Section 7-9-74 — Deduction; gross receipts tax; sale of property used in the manufacture of jewelry.
- Section 7-9-75 — Deduction; gross receipts tax; sale of certain services performed directly on product manufactured.
- Section 7-9-76 — Deduction; gross receipts tax; travel agents' commissions paid by certain entities.
- Section 7-9-76.1 — Deduction; gross receipts tax; certain manufactured homes.
- Section 7-9-76.2 — Deduction; gross receipts tax; films and tapes.
- Section 7-9-77 — Deductions; compensating tax.
- Section 7-9-77.1 — Deduction; gross receipts tax; certain medical and health care services.
- Section 7-9-78 — Deductions; compensating tax; use of tangible personal property for leasing.
- Section 7-9-78.1 — Deduction; compensating tax; uranium enrichment plant equipment.
- Section 7-9-79 — Credit; compensating tax.
- Section 7-9-79.1 — Credit; gross receipts tax; services.
- Section 7-9-80 to 7-9-81 — Repealed.
- Section 7-9-82 — Repealed.
- Section 7-9-83 — Deduction; gross receipts tax; jet fuel.
- Section 7-9-84 — Deduction; compensating tax; jet fuel.
- Section 7-9-85 — Deduction; gross receipts tax; certain organization fundraisers.
- Section 7-9-86 — Deduction; gross receipts tax; sales to qualified film production company.
- Section 7-9-87 — Deduction; gross receipts tax; lottery retailer receipts.
- Section 7-9-88 — Repealed.
- Section 7-9-88.1 — Credit; gross receipts tax; tax paid to certain tribes.
- Section 7-9-88.2 — Credit; gross receipts tax; tax paid to Navajo Nation on receipts from selling coal.
- Section 7-9-89 — Deduction; [gross receipts tax;] sales to certain accredited diplomats and missions.
- Section 7-9-90 — Deductions; gross receipts tax; sales of enriched uranium and enrichment of uranium.
- Section 7-9-91 — Deduction; compensating tax; contributions of inventory to certain organizations and governmental agencies.
- Section 7-9-92 — Deduction; gross receipts; sale of food at retail food store.
- Section 7-9-93 — Deduction; gross receipts; certain receipts for services provided by health care practitioner.
- Section 7-9-94 — Deduction; gross receipts; military transformational acquisition programs.
- Section 7-9-95 — Deduction; gross receipts tax; sales of certain tangible personal property; limited period.
- Section 7-9-96 — Credit; gross receipts tax; governmental gross receipts tax; certain sales for resale.
- Section 7-9-97 — Deduction; gross receipts tax; receipts from certain purchases by or on behalf of the state.
- Section 7-9-98 — Deduction; compensating tax; biomass-related equipment; biomass materials.
- Section 7-9-99 — Deduction; gross receipts tax; sale of engineering, architectural and new facility construction services used in construction of certain public health care facilities.
- Section 7-9-100 — Deduction; gross receipts tax; sale of construction equipment and construction materials used in new facility construction of a sole community provider hospital that is located in a federally designated health professional shortage area.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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