N.M. Admin. Code § 3.2.212.23

Current through Register Vol. 35, No. 24, December 23, 2024

Section 3.2.212.23 - SALE OF A LICENSE TO A GOVERNMENT

Licenses are intangible property. Receipts from selling licenses are not deductible under Section 7-9-54 NMSA 1978.

N.M. Admin. Code § 3.2.212.23

4/30/97; 3.2.212.23 NMAC - Rn & A, 3 NMAC 2.54.23, 5/31/01