NMSA 1978, § 7-9C-3 — 7-9C-3

Imposition and rate of tax; denomination as interstate
telecommunications gross receipts tax.

# A.

For the privilege of engaging in interstate telecommunications business, an
excise tax equal to four and one-fourth percent of interstate telecommunications gross
receipts is imposed upon any person engaging in interstate telecommunications
business in New Mexico.

# B.

The tax imposed by this section shall be referred to as the "interstate
telecommunications gross receipts tax".