Partnertax.ai
Start free trial →

NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-9-57

7-9-57

Official textnmonesource.comlast amended

Deduction; gross receipts tax; sale of certain services to an out-of-state buyer.

# A.

Receipts from performing a service may be deducted from gross receipts if the sale of the service is made to an out-of-state buyer who delivers to the seller either an appropriate nontaxable transaction certificate or other evidence acceptable to the secretary unless the buyer of the service or any of the buyer's employees or agents makes initial use of the product of the service in New Mexico or takes delivery of the product of the service in New Mexico.

# B.

Receipts from performing a service that initially qualified for the deduction provided in this section but that no longer meets the criteria set forth in Subsection A of this section shall be deductible for the period prior to the disqualification.

Amendment history

1953 Comp., § 72-16A-14.12, enacted by Laws 1969, ch. 144, § 47; 1973, ch. 132, § 1; 1977, ch. 86, § 1; 1983, ch. 220, § 12; 1988, ch. 118, § 1; 1989, ch. 262, § 6; 1998, ch. 89, § 4; 2000, ch. 84, § 7.

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

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this article (40 sections)
  1. 7-9-48 · 7-9-48
  2. 7-9-49 · 7-9-49
  3. 7-9-50 · Deduction; gross receipts tax; lease for subsequent lease
  4. 7-9-51 · 7-9-51
  5. 7-9-51.1 · Repealed
  6. 7-9-51.2 · 7-9-51.2
  7. 7-9-52 · 7-9-52
  8. 7-9-52.1 · 7-9-52.1
  9. 7-9-53 · 7-9-53
  10. 7-9-54 · 7-9-54
  11. 7-9-54.1 · 7-9-54.1
  12. 7-9-54.2 · 7-9-54.2
  13. 7-9-54.3 · 7-9-54.3
  14. 7-9-54.4 · Deduction; compensating tax; space-related test articles
  15. 7-9-54.5 · Deduction; compensating tax; test articles
  16. 7-9-55 · 7-9-55
  17. 7-9-56 · 7-9-56
  18. 7-9-56.1 · Deduction; gross receipts tax; internet services
  19. 7-9-56.2 · 7-9-56.2
  20. 7-9-56.3 · 7-9-56.3
  21. 7-9-57 · 7-9-57
  22. 7-9-57.1 · Repealed
  23. 7-9-57.2 · 7-9-57.2
  24. 7-9-58 · Deduction; gross receipts tax; feed; fertilizers
  25. 7-9-58.1 · 7-9-58.1
  26. 7-9-59 · 7-9-59
  27. 7-9-60 · 7-9-60
  28. 7-9-61 · Repealed
  29. 7-9-61.1 · Deduction; gross receipts tax; certain receipts
  30. 7-9-61.2 · 7-9-61.2
  31. 7-9-62 · 7-9-62
  32. 7-9-62.1 · 7-9-62.1
  33. 7-9-63 · Deduction; gross receipts tax; publication sales
  34. 7-9-64 · Deduction; gross receipts tax; newspaper sales
  35. 7-9-65 · Deduction; gross receipts tax; chemicals and reagents
  36. 7-9-66 · Deduction; gross receipts tax; commissions
  37. 7-9-66.1 · 7-9-66.1
  38. 7-9-67 · 7-9-67
  39. 7-9-68 · Deduction; gross receipts tax; warranty obligations
  40. 7-9-69 · 7-9-69
Full table of contents →