N.M. Admin. Code § 3.2.111.8

Current through Register Vol. 36, No. 1, January 14, 2025

Section 3.2.111.8 - CREDIT FOR TAXES PAID IN OTHER STATES

The tax imposed by the Motor Vehicle Excise Tax Act will be considered paid if the credit received for excise taxes paid in another state equals the amount of tax due in New Mexico.

N.M. Admin. Code § 3.2.111.8

12/5/69, 3/9/72, 11/20/72, 3/20/74, 7/26/76, 6/18/79, 4/7/82, 5/4/84, 4/2/86, 11/26/90, 11/15/96; 3.2.111.8 NMAC - Rn, 3 NMAC 2.23.1.8, 5/15/01