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New Mexico Statutes Chapter 7. Taxation § 7-10-2. Purpose of act

Current as of January 01, 2024 | Updated by Findlaw Staff

The purpose of the Gross Receipts Tax Registration Act is to ensure that all persons doing business with the state, whether leasing property employed in New Mexico, performing services in New Mexico or selling property in New Mexico, are registered with the department for payment of the gross receipts tax.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 7. Taxation § 7-10-2. Purpose of act - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-7-taxation/nm-st-sect-7-10-2/

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