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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-19D-4

7-19D-4

Official textnmonesource.comlast amended

Ordinance shall conform to certain provisions of the Gross
Receipts and Compensating Tax Act and requirements of the department.

# A.

An ordinance imposing a tax under the provisions of the Municipal Local Option Gross Receipts Taxes Act shall adopt by reference the same definitions and the same provisions relating to exemptions and deductions as are contained in the Gross Receipts and Compensating Tax Act [Chapter 7, Article 9 NMSA 1978] then in effect and as it may be amended from time to time.

# B.

The governing body of any municipality imposing a tax under the Municipal Local Option Gross Receipts Taxes Act shall impose the tax by adopting the model ordinance with respect to the tax furnished to the municipality by the department. An ordinance that does not conform substantially to the model ordinance of the department is not valid.

Amendment history

1978 Comp., § 7-19D-4, enacted by Laws 1993, ch. 346, § 4.

Source: official source (NMSA chapter on nmonesource.com)

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In this article (20 sections)
  1. 7-19D-1 · Short title
  2. 7-19D-2 · Definitions
  3. 7-19D-3 · Effective date of ordinance
  4. 7-19D-4 · 7-19D-4
  5. 7-19D-5 · Specific exemptions
  6. 7-19D-6 · Copy of ordinance to be submitted to department
  7. 7-19D-7 · Collection by department
  8. 7-19D-8 · 7-19D-8
  9. 7-19D-9 · Municipal gross receipts tax; authority to impose rate
  10. 7-19D-9.1 · Municipal compensating tax
  11. 7-19D-10 · Repealed
  12. 7-19D-11 · Repealed
  13. 7-19D-12 · Repealed
  14. 7-19D-13 · Repealed
  15. 7-19D-14 · 7-19D-14
  16. 7-19D-15 · 7-19D-15
  17. 7-19D-16 · Municipal higher education facilities gross receipts tax
  18. 7-19D-17 · 7-19D-17
  19. 7-19D-18 · Repealed
  20. 7-19D-19 · Municipal flood recovery gross receipts tax
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