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2019 New Mexico Statutes
Chapter 7 - Taxation
Article 9 - Gross Receipts and Compensating Tax
Section 7-9-56.1 - Deduction; gross receipts tax; internet services.
Universal Citation: NM Stat § 7-9-56.1 (2019)
On and after July 1, 1998, receipts from providing leased telephone lines, telecommunications services, internet services, internet access services or computer programming that will be used by other persons in providing internet access and related services to the final user may be deducted from gross receipts if the sale is made to a person who is subject to the gross receipts tax or the interstate telecommunications gross receipts tax.
History: Laws 1998, ch. 92, § 1; 2000, ch. 84, § 6.
ANNOTATIONSThe 2000 amendment, effective July 1, 2000, substituted "On and after July 1, 1998" for "During the period July 1, 1998, through June 30, 2000" at the beginning of the section.
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