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NMSA 1978, § 7-9-45 — Deductions
# A.Receipts may only be deducted once from gross receipts or governmental gross
# B.The same receipts shall not be both exempt from the gross receipts tax and
# C.The same receipts shall not be both exempt from the governmental gross
Last amended: 1978 Comp., § 7-9-45, enacted by Laws 1969, ch. 144, § 35; 1970, ch. 77, § 1;
1970, ch. 78, § 1; 1971, ch. 217, § 1; 1972, ch. 39, § 1; 1977, ch. 288, § 1; 1979, ch.
338, § 2; 1984, ch. 129, § 1; 1989, ch. 262, § 5; 1994, ch. 45, § 3; 1995, ch. 70, § 5;
1999, ch. 231, § 2; 2017 (1st S.S.), ch. 3, § 16.
Source: official text
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