N.M. Stat. § 7-9-31

Current through 2024, ch. 69

Section 7-9-31 - Exemption; gross receipts and compensating tax; resale activities of an armed forces instrumentality

Exempted from the gross receipts and compensating tax are the receipts from selling tangible personal property and the use of property by any instrumentality of the armed forces of the United States engaged in resale activities.

NMS § 7-9-31

1953 Comp., § 72-16A-12.19, enacted by Laws 1969, ch. 144, § 24.