NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-9-28
7-9-28
Official textnmonesource.comlast amended
Exemption; gross receipts tax; occasional sale of property or services.
Exempted from the gross receipts tax are the receipts from the isolated or occasional sale of or leasing of property or a service by a person who is neither regularly engaged nor holding himself out as engaged in the business of selling or leasing the same or similar property or service.
Amendment history
1953 Comp., § 72-16A-12.16, enacted by Laws 1969, ch. 144, § 21.
Source: official source (NMSA chapter on nmonesource.com)
In this article (40 sections)
- 7-9-13.4 · 7-9-13.4
- 7-9-13.5 · 7-9-13.5
- 7-9-14 · 7-9-14
- 7-9-15 · Exemption; compensating tax; certain organizations
- 7-9-16 · Repealed
- 7-9-17 · Exemption; gross receipts tax; wages
- 7-9-18 · 7-9-18
- 7-9-18.1 · 7-9-18.1
- 7-9-19 · Exemption; gross receipts tax; livestock feeding
- 7-9-20 · 7-9-20
- 7-9-21 · Repealed
- 7-9-22 · Exemption; gross receipts tax; vehicles
- 7-9-22.1 · Exemption; gross receipts tax; boats
- 7-9-23 · Exemption; compensating tax; vehicles
- 7-9-23.1 · Exemption; compensating tax; boats
- 7-9-24 · Exemption; gross receipts tax; insurance companies
- 7-9-25 · Exemption; gross receipts tax; dividends and interest
- 7-9-26 · Exemption; gross receipts and compensating tax; fuel
- 7-9-26.1 · 7-9-26.1
- 7-9-27 · Exemption; compensating tax; personal effects
- 7-9-28 · 7-9-28
- 7-9-29 · 7-9-29
- 7-9-30 · 7-9-30
- 7-9-31 · 7-9-31
- 7-9-32 · 7-9-32
- 7-9-33 · 7-9-33
- 7-9-34 · 7-9-34
- 7-9-35 · 7-9-35
- 7-9-36 · 7-9-36
- 7-9-37 · 7-9-37
- 7-9-38 · 7-9-38
- 7-9-38.1 · 7-9-38.1
- 7-9-38.2 · 7-9-38.2
- 7-9-39 · 7-9-39
- 7-9-40 · 7-9-40
- 7-9-41 · Exemption; gross receipts tax; religious activities
- 7-9-41.1 · 7-9-41.1
- 7-9-41.2 · Deleted
- 7-9-41.3 · 7-9-41.3
- 7-9-41.4 · 7-9-41.4