Exemption; gross receipts tax; boats.

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

Checkout our iOS App for a better way to browser and research.

Exempted from the gross receipts tax are the receipts from selling boats on which a tax is imposed by Section 66-12-6.1 NMSA 1978.

History: 1978 Comp., § 7-9-22.1, enacted by Laws 1987, ch. 247, § 1.

ANNOTATIONS

Effective dates. — Laws 1987, ch. 247, § 13 made Laws 1987, ch. 247, § 1 effective July 1, 1987.


Download our app to see the most-to-date content.