N.M. Admin. Code § 3.2.222.9
Current through Register Vol. 35, No. 23, December 10, 2024
Section 3.2.222.9 - CREDIT BUREAU PUBLICATIONA. Receipts from selling the publication of a credit bureau which provides information to subscribers concerning such matters as the filing of suits, mortgages and deeds and other information of interest to merchants and others who extend credit, whether sold as part of a credit service agreement or sold separately to subscribers not using a credit service, are subject to the gross receipts tax.B. Such a publication is not a newspaper within the meaning of either Section 7-9-63 NMSA 1978 or 7-9-64 NMSA 1978. The receipts from selling such a publication are not entitled to the deduction from gross receipts provided by Section 7-9-64 NMSA 1978.N.M. Admin. Code § 3.2.222.9
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, 10/15/96; 3.2.222.9 NMAC - Rn, 3 NMAC 2.64.9 & A, 6/14/01