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Home › us-nm › STAT › NMSA 1978 › Chapter 7 — Taxation › Article 14A — Leased Vehicle Gross Receipts Tax › NMSA 1978, § 7-14A-7

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NMSA 1978, § 7-14A-7 — Deduction; transactions in interstate commerce

Receipts from transactions in interstate commerce may be deducted from gross
receipts to the extent that the imposition of the leased vehicle gross receipts tax would
be unlawful under the United States constitution.

Last amended: Laws 1991, ch. 197, § 11.

Source: official text

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