N.M. Admin. Code § 3.2.204.17
Current through Register Vol. 36, No. 1, January 14, 2025
The receipts of a person who is not subject to the Resources Excise Tax Act and who sells unprocessed metal ores to a processor in this state are deductible under Section 7-9-46 NMSA 1978 provided the person is in possession of a properly executed nontaxable transaction certificate of the appropriate type.
N.M. Admin. Code § 3.2.204.17