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New Mexico Statutes Chapter 7. Taxation § 7-19-14. Specific exemptions

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

No supplemental municipal gross receipts tax shall be imposed on the gross receipts arising from:

A. prior to July 1, 2021, transporting persons or property for hire by railroad, motor vehicle, air transportation or any other means from one point within the municipality to another point outside the municipality; or

B. a business located outside the boundaries of a municipality on land owned by that municipality for which a gross receipts tax distribution is made pursuant to Section 7-1-6.4 NMSA 1978.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 7. Taxation § 7-19-14. Specific exemptions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-7-taxation/nm-st-sect-7-19-14/

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