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us-nm/statute/chapter-7/article-9 — Gross Receipts and Compensating Tax · Axiom
Axiom
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New Mexico
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Statutes
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Chapter 7
Gross Receipts and Compensating Tax
7-9-1
Short title.
7-9-2
Purpose.
7-9-3
Definitions.
7-9-3.1
Repealed.
7-9-3.2
Additional definition.
7-9-3.3
Definition; engaging in business.
7-9-3.4
Definitions; construction, construction materials and construction-related services.
7-9-3.5
Definition; gross receipts.
7-9-4
Imposition and rate of tax; denomination as "gross receipts tax".
7-9-4.1
Repealed.
7-9-4.2
Repealed.
7-9-4.3
Imposition and rate of tax; denomination as "governmental gross receipts tax".
7-9-5
Presumption of taxability.
7-9-6
Separately stating the gross receipts tax.
7-9-7
Imposition and rate of tax; denomination as "compensating tax".
7-9-7.1
Department barred from taking collection actions with respect to certain tax liabilities.
7-9-7.2
Authority to establish standards for certified service providers.
7-9-8
Presumption of taxability and value.
7-9-9
Liability of user for payment of compensating tax.
7-9-10
Repealed.
7-9-11
Date payment due.
7-9-12
Exemptions.
7-9-12.1
Repealed.
7-9-13
Exemption; gross receipts tax; governmental agencies.
7-9-13.1
Exemption; gross receipts tax; certain services.
7-9-13.2
Exemption; governmental gross receipts tax; receipts subject to certain other taxes.
7-9-13.3
Exemption; gross receipts tax and governmental gross receipts tax; stadium surcharge.
7-9-13.4
Exemption; gross receipts tax; sale of textbooks from certain bookstores to enrolled students.
7-9-13.5
Exemption; gross receipts tax and governmental gross receipts tax; event center surcharge.
7-9-14
Exemption; compensating tax; governmental agencies; Indians.
7-9-15
Exemption; compensating tax; certain organizations.
7-9-16
Repealed.
7-9-17
Exemption; gross receipts tax; wages.
7-9-18
Exemption; gross receipts tax and governmental gross receipts tax; agricultural products.
7-9-18.1
Exemption; gross receipts tax; supplemental nutrition assistance program benefits.
7-9-19
Exemption; gross receipts tax; livestock feeding.
7-9-20
Exemption; gross receipts tax; certain receipts of homeowners associations.
7-9-21
Repealed.
7-9-22
Exemption; gross receipts tax; vehicles.
7-9-22.1
Exemption; gross receipts tax; boats.
7-9-23
Exemption; compensating tax; vehicles.
7-9-23.1
Exemption; compensating tax; boats.
7-9-24
Exemption; gross receipts tax; insurance companies.
7-9-25
Exemption; gross receipts tax; dividends and interest.
7-9-26
Exemption; gross receipts and compensating tax; fuel.
7-9-26.1
Exemption; gross receipts tax and compensating tax; fuel for space vehicles.
7-9-27
Exemption; compensating tax; personal effects.
7-9-28
Exemption; gross receipts tax; occasional sale of property or services.
7-9-29
Exemption; gross receipts tax; certain organizations; exceptions.
7-9-30
Exemption; compensating tax; railroad equipment, aircraft and space vehicles.
7-9-31
Exemption; gross receipts and compensating tax; resale activities of an armed forces instrumentality.
7-9-32
Exemption; gross receipts tax; oil and gas or mineral interests.
7-9-33
Exemption; gross receipts tax; products subject to Oil and Gas Emergency School Tax Act.
7-9-34
Exemption; gross receipts tax; refiners and persons subject to Natural Gas Processors Tax Act.
7-9-35
Exemption; gross receipts tax; natural resources subject to Resources Excise Tax Act.
7-9-36
Exemption; gross receipts tax; oil and gas consumed in the pipeline transportation of oil and gas products.
7-9-37
Exemption; compensating tax; use of oil and gas in the pipeline transportation of oil and gas products.
7-9-38
Exemption; compensating tax; use of electricity in the production, conversion and transmission of electricity.
7-9-38.1
Exemption; gross receipts tax; interstate telecommunications services.
7-9-38.2
Exemption; gross receipts tax; sale of certain telecommunications services.
7-9-39
Exemption; gross receipts tax; fees from social organizations.
7-9-40
Exemption; gross receipts tax; purses and jockey remuneration at New Mexico racetracks; receipts from gross amounts wagered.
7-9-41
Exemption; gross receipts tax; religious activities.
7-9-41.1
Exemption; gross receipts tax and governmental gross receipts tax; athletic facility surcharge.
7-9-41.2
Deleted.
7-9-41.3
Exemption; receipts from sales by disabled street vendors.
7-9-41.4
Exemption; officiating at New Mexico activities association-sanctioned school events.
7-9-41.5
Exemption; nonprofit hospitals from local option gross receipts taxes.
7-9-41.6
Exemption; gross receipts; certain health care providers from certain federal payments.
7-9-42
Repealed.
7-9-43
Nontaxable transaction certificates and other evidence required to entitle persons to deductions.
7-9-43.1
Nontaxable transaction certificates not required by liquor wholesalers.
7-9-44
Repealed.
7-9-45
Deductions.
7-9-46
Deduction; gross receipts; governmental gross receipts; sales to manufacturers and manufacturing service providers.
7-9-46.1
Deduction; gross receipts; governmental gross receipts; sales of services to manufacturers.
7-9-47
Deduction; gross receipts tax; governmental gross receipts tax; sale of tangible personal property or licenses for resale.
7-9-48
Deduction; gross receipts tax; governmental gross receipts; sale of a service for resale.
7-9-49
Deduction; gross receipts tax; sale of tangible personal property and licenses for leasing.
7-9-50
Deduction; gross receipts tax; lease for subsequent lease.
7-9-51
Deduction; gross receipts tax; sale of construction material to persons engaged in the construction business.
7-9-51.1
Repealed.
7-9-51.2
Deduction; gross receipts; sale of construction materials and labor used for the development of affordable housing multifamily residential housing projects.
7-9-52
Deduction; gross receipts tax; sale of construction services and construction-related services to persons engaged in the construction business.
7-9-52.1
Deduction; gross receipts tax; lease of construction equipment to persons engaged in the construction business.
7-9-53
Deduction; gross receipts tax; sale or lease of real property and lease of manufactured homes.
7-9-54
Deduction; gross receipts tax; governmental gross receipts tax; sales to governmental agencies.
7-9-54.1
Deduction; gross receipts from sale of aerospace services to certain organizations.
7-9-54.2
Gross receipts; deduction; spaceport operation; space operations; launching, operating and recovering space vehicles or payloads; payload services; operationally responsive space program services.
7-9-54.3
Deduction; gross receipts tax; wind and solar generation equipment; energy storage equipment; sales to governments.
7-9-54.4
Deduction; compensating tax; space-related test articles.
7-9-54.5
Deduction; compensating tax; test articles.
7-9-55
Deduction; gross receipts tax; governmental gross receipts tax; transaction in interstate commerce.
7-9-56
Deduction; gross receipts tax; intrastate transportation and services in interstate commerce.
7-9-56.1
Deduction; gross receipts tax; internet services.
7-9-56.2
Deduction; gross receipts tax; hosting world wide web sites.
7-9-56.3
Deduction; gross receipts; trade-support company in a border zone.
7-9-57
Deduction; gross receipts tax; sale of certain services to an out-of-state buyer.
7-9-57.1
Repealed.
7-9-57.2
Deduction; gross receipts tax; sale of software development services.
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