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2013 New Mexico Statutes
Chapter 7 - Taxation
Article 12A - Tobacco Products Tax
Section 7-12A-5 - Deduction; interstate sales. (1986)


NM Stat § 7-12A-5 (2013) What's This?

7-12A-5. Deduction; interstate sales. (1986) 
The product value of tobacco products sold and shipped or given and shipped to a person in another state may be deducted from the product value subject to the tax imposed by the Tobacco Products Tax Act; provided that the department may require the person to submit proof satisfactory to the department that the tobacco products have been sold and shipped or given and shipped to a person in another state.   
  History: 1978 Comp., § 7-12A-5, enacted by Laws 1986, ch. 112, § 6. 

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