NMSA 1978, § 7-9-76.1 — 7-9-76.1

Deduction; gross receipts tax; certain manufactured
homes.
Receipts from the resale of a manufactured home may be deducted from gross
receipts if the sale is made of a manufactured home that was subject to the gross
receipts, compensating or motor vehicle excise tax upon its initial sale or use in New
Mexico. The seller shall retain and furnish proof satisfactory to the department that a
gross receipts, compensating or motor vehicle excise tax was paid upon the initial sale
or use in New Mexico of a manufactured home, and in the absence of such proof, it is
presumed that the tax was not paid. Proof that a New Mexico certificate of title was
issued for a manufactured home in 1972 or a prior year or proof that a manufactured
home for which a New Mexico certificate of title has been issued was manufactured in
1967 or a prior year is proof that a motor vehicle excise tax was paid on the initial sale
or use in New Mexico of that manufactured home.