Section 7-9-52 - Deduction; gross receipts tax; sale of construction services and construction-related services to persons engaged in the construction businessA. Receipts from selling a construction service or a construction-related service may be deducted from gross receipts if the sale is made to a person engaged in the construction business who delivers a nontaxable transaction certificate to the person performing the construction service or a construction-related service or provides alternative evidence pursuant to Section 7-9-43 NMSA 1978.B. The buyer shall have the construction services or construction-related services directly contracted for or billed to: (1) a construction project that is subject to the gross receipts tax upon its completion or upon the completion of the overall construction project of which it is a part;(2) a construction project that is subject to the gross receipts tax upon the sale in the ordinary course of business of the real property upon which it was constructed; or(3) a construction project that is located on the tribal territory of an Indian nation, tribe or pueblo.1953 Comp., § 72-16A-14.7, enacted by Laws 1969, ch. 144, § 42; 2000, ch. 84, § 4; 2000, ch. 98, § 2; 2012, ch. 5, § 5.Amended by 2021, c. 65,s. 19, eff. 7/1/2021.Amended by 2020, c. 80,s. 5, eff. 5/20/2020.Amended by 2012, c. 120,s. 4, eff. 1/1/2013.