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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-9-32

7-9-32

Official textnmonesource.comlast amended

Exemption; gross receipts tax; oil and gas or mineral interests.
Exempted from the gross receipts tax are the receipts from the sale of or leasing of oil, natural gas or mineral interests.

Amendment history

1953 Comp., § 72-16A-12.20, enacted by Laws 1969, ch. 144, § 25.

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

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In this article (40 sections)
  1. 7-9-16 · Repealed
  2. 7-9-17 · Exemption; gross receipts tax; wages
  3. 7-9-18 · 7-9-18
  4. 7-9-18.1 · 7-9-18.1
  5. 7-9-19 · Exemption; gross receipts tax; livestock feeding
  6. 7-9-20 · 7-9-20
  7. 7-9-21 · Repealed
  8. 7-9-22 · Exemption; gross receipts tax; vehicles
  9. 7-9-22.1 · Exemption; gross receipts tax; boats
  10. 7-9-23 · Exemption; compensating tax; vehicles
  11. 7-9-23.1 · Exemption; compensating tax; boats
  12. 7-9-24 · Exemption; gross receipts tax; insurance companies
  13. 7-9-25 · Exemption; gross receipts tax; dividends and interest
  14. 7-9-26 · Exemption; gross receipts and compensating tax; fuel
  15. 7-9-26.1 · 7-9-26.1
  16. 7-9-27 · Exemption; compensating tax; personal effects
  17. 7-9-28 · 7-9-28
  18. 7-9-29 · 7-9-29
  19. 7-9-30 · 7-9-30
  20. 7-9-31 · 7-9-31
  21. 7-9-32 · 7-9-32
  22. 7-9-33 · 7-9-33
  23. 7-9-34 · 7-9-34
  24. 7-9-35 · 7-9-35
  25. 7-9-36 · 7-9-36
  26. 7-9-37 · 7-9-37
  27. 7-9-38 · 7-9-38
  28. 7-9-38.1 · 7-9-38.1
  29. 7-9-38.2 · 7-9-38.2
  30. 7-9-39 · 7-9-39
  31. 7-9-40 · 7-9-40
  32. 7-9-41 · Exemption; gross receipts tax; religious activities
  33. 7-9-41.1 · 7-9-41.1
  34. 7-9-41.2 · Deleted
  35. 7-9-41.3 · 7-9-41.3
  36. 7-9-41.4 · 7-9-41.4
  37. 7-9-41.5 · 7-9-41.5
  38. 7-9-41.6 · 7-9-41.6
  39. 7-9-42 · Repealed
  40. 7-9-43 · 7-9-43
Full table of contents →