Exemption; gross receipts tax and governmental gross receipts tax; event center surcharge.

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Gross Receipts and Compensating Tax
  5. Exemption; gross receipts tax and governmental gross receipts tax; event center surcharge.

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Exempted from the gross receipts tax and from the governmental gross receipts tax are the receipts from selling tickets, parking, souvenirs, concessions, programs, advertising, merchandise, corporate suites or boxes, broadcast revenues and all other products or services sold at or related to a municipal event center or related to activities occurring at the event center on which an event center surcharge is imposed pursuant to the Municipal Event Center Funding Act [3-66-1 to 3-66-11 NMSA 1978].

History: Laws 2005, ch. 351, § 2.

ANNOTATIONS

Compiler's notes. — Laws 2005, ch. 351 was not enacted as part of the Municipal Code but is included in that code as a convenience to the user.

Emergency clause. — Laws 2005, ch. 351, § 14 contained an emergency clause and was approved April 8, 2005.


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