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2015 New Mexico Statutes
Chapter 7 - Taxation
Section 9 Gross Receipts and Compensating Tax
Section 7-9-61.1 Deductions; gross receipts tax; certain receipts.

NM Stat § 7-9-61.1 (2015) What's This?

7-9-61.1. Deductions; gross receipts tax; certain receipts.

Receipts from charges made in connection with the origination, making or assumption of a loan or from charges made for handling loan payments may be deducted from gross receipts.

History: 1978 Comp., 7-9-61.1, enacted by Laws 1981, ch. 37, 52.

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