2015 New Mexico Statutes
Chapter 7 - Taxation
Section 9 Gross Receipts and Compensating Tax
Section 7-9-41 Exemption; gross receipts tax; religious activities.
7-9-41. Exemption; gross receipts tax; religious activities.
Exempted from the gross receipts tax are the receipts of a minister of a religious organization, which organization has been granted an exemption from federal income tax by the United States commissioner of internal revenue as an organization described in Section 501(c)(3) of the United States Internal Revenue Code of 1954, as amended or renumbered, from religious services provided by the minister to an individual recipient of the service.
History: 1953 Comp., 72-16A-12.29, enacted by Laws 1972, ch. 61, 2.
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