New Mexico Statutes

§ 7-12-6 — Waiver of requirement that stamps be affixed

New Mexico·Ch. 7 Taxation·Art. 12 Cigarette Tax
The requirement imposed in Section 7-12-5 NMSA 1978 that stamps be affixed to packages or containers of cigarettes is waived if the cigarettes are: A. distributed by a manufacturer pursuant to federal regulations and are exempt from tax pursuant to 26 U.S.C. 5704; and B. not subsequently imported into New Mexico.

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Related

§ 5704
26 U.S.C. § 5704

Legislative History

Laws 1943, ch. 95, § 6; 1947, ch. 84, § 4; 1949, ch. 180, § 6; 1941 Comp.

Nearby Sections

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