New Mexico Statutes
§ 7-12A-5 — Deduction; interstate sales
New Mexico § 7-12A-5
This text of New Mexico § 7-12A-5 (Deduction; interstate sales) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 7-12A-5 (2026).
Text
The product value of tobacco products sold and shipped or given and shipped to a person in another state may be deducted from the product value subject to the tax imposed by the Tobacco Products Tax Act; provided that the department may require the person to submit proof satisfactory to the department that the tobacco products have been sold and shipped or given and shipped to a person in another state.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1978 Comp., § 7-12A-5, enacted by Laws 1986, ch. 112, § 6.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversalsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 7-12A-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-12A-5.