NMSA 1978, § 7-9C-7 — Deduction; sale of a service for resale

Receipts from providing an interstate telecommunications service in this state that
will be used by other persons in providing telephone or telegraph services to the final
user may be deducted from interstate telecommunications gross receipts if the sale is
made to a person who is subject to the interstate telecommunications gross receipts tax
or to the gross receipts tax or the compensating tax.