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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-9C-7

Deduction; sale of a service for resale

Official textnmonesource.comlast amended

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.

Amendment history

Laws 1992, ch. 50, § 7; 1992, ch. 67, § 7; 1998, ch. 92, § 6; 2025, ch. 130, § 92.

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

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In this article (11 sections)
  1. 7-9C-1 · Short title
  2. 7-9C-2 · Definitions
  3. 7-9C-3 · 7-9C-3
  4. 7-9C-4 · Presumption of taxability
  5. 7-9C-5 · Date payment due
  6. 7-9C-6 · Deduction; certain telephone services
  7. 7-9C-7 · Deduction; sale of a service for resale
  8. 7-9C-8 · Deductions; telecommunications providers
  9. 7-9C-9 · Deduction; bad debts
  10. 7-9C-10 · Credit; services performed outside the state
  11. 7-9C-11 · Administration
Full table of contents →