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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-9-56

7-9-56

Official textnmonesource.comlast amended

Deduction; gross receipts tax; intrastate transportation and services in interstate commerce.

# A.

Receipts from transporting persons or property from one point to another in this state may be deducted from gross receipts when such persons or property, including any special or extra service reasonably necessary in connection therewith, is being transported in interstate or foreign commerce under a single contract.

# B.

Receipts from handling, storage, drayage or packing of property or any other accessorial services on property, which property has moved or will move in interstate or foreign commerce, when such services are performed by a local agent for a carrier or by a carrier and when such services are performed under a single contract in relation to transportation services, may be deducted from gross receipts.

# C.

Receipts from providing telephone or telegraph services in this state that will be used by other persons in providing telephone or telegraph services to the final user may be deducted from gross receipts.

Amendment history

1978 Comp., § 7-9-56, enacted by Laws 1994, ch. 112, § 2.

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

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In this article (40 sections)
  1. 7-9-45 · Deductions
  2. 7-9-46 · 7-9-46
  3. 7-9-46.1 · 7-9-46.1
  4. 7-9-47 · 7-9-47
  5. 7-9-48 · 7-9-48
  6. 7-9-49 · 7-9-49
  7. 7-9-50 · Deduction; gross receipts tax; lease for subsequent lease
  8. 7-9-51 · 7-9-51
  9. 7-9-51.1 · Repealed
  10. 7-9-51.2 · 7-9-51.2
  11. 7-9-52 · 7-9-52
  12. 7-9-52.1 · 7-9-52.1
  13. 7-9-53 · 7-9-53
  14. 7-9-54 · 7-9-54
  15. 7-9-54.1 · 7-9-54.1
  16. 7-9-54.2 · 7-9-54.2
  17. 7-9-54.3 · 7-9-54.3
  18. 7-9-54.4 · Deduction; compensating tax; space-related test articles
  19. 7-9-54.5 · Deduction; compensating tax; test articles
  20. 7-9-55 · 7-9-55
  21. 7-9-56 · 7-9-56
  22. 7-9-56.1 · Deduction; gross receipts tax; internet services
  23. 7-9-56.2 · 7-9-56.2
  24. 7-9-56.3 · 7-9-56.3
  25. 7-9-57 · 7-9-57
  26. 7-9-57.1 · Repealed
  27. 7-9-57.2 · 7-9-57.2
  28. 7-9-58 · Deduction; gross receipts tax; feed; fertilizers
  29. 7-9-58.1 · 7-9-58.1
  30. 7-9-59 · 7-9-59
  31. 7-9-60 · 7-9-60
  32. 7-9-61 · Repealed
  33. 7-9-61.1 · Deduction; gross receipts tax; certain receipts
  34. 7-9-61.2 · 7-9-61.2
  35. 7-9-62 · 7-9-62
  36. 7-9-62.1 · 7-9-62.1
  37. 7-9-63 · Deduction; gross receipts tax; publication sales
  38. 7-9-64 · Deduction; gross receipts tax; newspaper sales
  39. 7-9-65 · Deduction; gross receipts tax; chemicals and reagents
  40. 7-9-66 · Deduction; gross receipts tax; commissions
Full table of contents →