N.M. Stat. § 7-9-7.1

Current through 2024, ch. 69

Section 7-9-7.1 - Department barred from taking collection actions with respect to certain tax liabilities

The department shall take no action to enforce collection of gross receipts tax for a tax period prior to July 1, 2019 on persons engaging in business if that person:

A. lacked physical presence in the state; and

B. did not report taxable gross receipts prior to July 1, 2019.

NMS § 7-9-7.1

1978 Comp., § 7-9-7.1, enacted by Laws 1993, ch. 45, § 1; 1994, ch. 34, § 1; 1995, ch. 50, § 2.

Amended by 2019, c. 270,s. 31, eff. 7/1/2019.