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2015 New Mexico Statutes
Chapter 7 - Taxation
Section 24 Municipal and County Gross Receipts Tax on Liquor
Section 7-24-15 Administrative charge.

NM Stat § 7-24-15 (2015) What's This?

7-24-15. Administrative charge.

The department may deduct an amount not to exceed five percent of the proceeds of a local liquor excise tax as a charge for the administrative costs of collection, which amount shall be retained by the department for use in administration of the Local Liquor Excise Tax Act [7-24-8 through 7-24-16 NMSA 1978].

History: Laws 1989, ch. 326, 8.

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