New Mexico Statutes

§ 7-10-2 — Purpose of act

New Mexico·Ch. 7 Taxation·Art. 10 Gross Receipts Tax Registration
The purpose of the Gross Receipts Tax Registration Act is to ensure that all persons doing business with the state, whether leasing property employed in New Mexico, performing services in New Mexico or selling property in New Mexico, are registered with the department for payment of the gross receipts tax.

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Legislative History

1953 Comp., § 72-16A-31, enacted by Laws 1970, ch. 26, § 2; 1995, ch. 70, §

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