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2019 New Mexico Statutes
Chapter 7 - Taxation
Article 14A - Leased Vehicle Gross Receipts Tax
Section 7-14A-8 - Deduction; trade-in allowance.
Universal Citation: NM Stat § 7-14A-8 (2019)
Receipts represented by allowances granted for vehicle trade-ins may be deducted from gross receipts.
History: Laws 1991, ch. 197, § 12.
ANNOTATIONSEffective dates. — Laws 1991, ch. 197, § 16 made Laws 1991, ch. 197, § 12 effective July 1, 1991.
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