NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-9-31
7-9-31
Official textnmonesource.comlast amended
Exemption; gross receipts and compensating tax; resale activities of an armed forces instrumentality.
Exempted from the gross receipts and compensating tax are the receipts from selling tangible personal property and the use of property by any instrumentality of the armed forces of the United States engaged in resale activities.
Amendment history
1953 Comp., § 72-16A-12.19, enacted by Laws 1969, ch. 144, § 24.
Source: official source (NMSA chapter on nmonesource.com)
In this article (40 sections)
- 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- 7-9-16 · Repealed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- 7-9-21 · Repealed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
- 7-9-41.5 · 7-9-41.5
- 7-9-41.6 · 7-9-41.6
- 7-9-42 · Repealed