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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-9-39

7-9-39

Official textnmonesource.comlast amended

Exemption; gross receipts tax; fees from social organizations.

# A.

Exempted from the gross receipts tax are the receipts from dues and registration fees of nonprofit social, fraternal, political, trade, labor or professional organizations and business leagues.

# B.

For the purposes of this section:

# (1)

"dues" means amounts that a member of an organization pays at recurring intervals to retain membership in an organization where such amounts are used for the general maintenance and upkeep of the organization; and

# (2)

"registration fees" means amounts paid by persons to attend a specific event sponsored by an organization to defray the cost of the event.

Amendment history

1953 Comp., § 72-16A-12.27, enacted by Laws 1969, ch. 144, § 32; 1977, ch. 141, § 1.

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

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In this article (40 sections)
  1. 7-9-23 · Exemption; compensating tax; vehicles
  2. 7-9-23.1 · Exemption; compensating tax; boats
  3. 7-9-24 · Exemption; gross receipts tax; insurance companies
  4. 7-9-25 · Exemption; gross receipts tax; dividends and interest
  5. 7-9-26 · Exemption; gross receipts and compensating tax; fuel
  6. 7-9-26.1 · 7-9-26.1
  7. 7-9-27 · Exemption; compensating tax; personal effects
  8. 7-9-28 · 7-9-28
  9. 7-9-29 · 7-9-29
  10. 7-9-30 · 7-9-30
  11. 7-9-31 · 7-9-31
  12. 7-9-32 · 7-9-32
  13. 7-9-33 · 7-9-33
  14. 7-9-34 · 7-9-34
  15. 7-9-35 · 7-9-35
  16. 7-9-36 · 7-9-36
  17. 7-9-37 · 7-9-37
  18. 7-9-38 · 7-9-38
  19. 7-9-38.1 · 7-9-38.1
  20. 7-9-38.2 · 7-9-38.2
  21. 7-9-39 · 7-9-39
  22. 7-9-40 · 7-9-40
  23. 7-9-41 · Exemption; gross receipts tax; religious activities
  24. 7-9-41.1 · 7-9-41.1
  25. 7-9-41.2 · Deleted
  26. 7-9-41.3 · 7-9-41.3
  27. 7-9-41.4 · 7-9-41.4
  28. 7-9-41.5 · 7-9-41.5
  29. 7-9-41.6 · 7-9-41.6
  30. 7-9-42 · Repealed
  31. 7-9-43 · 7-9-43
  32. 7-9-43.1 · 7-9-43.1
  33. 7-9-44 · Repealed
  34. 7-9-45 · Deductions
  35. 7-9-46 · 7-9-46
  36. 7-9-46.1 · 7-9-46.1
  37. 7-9-47 · 7-9-47
  38. 7-9-48 · 7-9-48
  39. 7-9-49 · 7-9-49
  40. 7-9-50 · Deduction; gross receipts tax; lease for subsequent lease
Full table of contents →