New Mexico Statutes
§ 7-14A-4 — Presumption of taxability
To prevent evasion of the leased vehicle gross receipts tax and the leased vehicle surcharge and to aid in their administration, it is presumed that all receipts of a person engaging in business are subject to the leased vehicle gross receipts tax and that all vehicles leased by that person are subject to the leased vehicle surcharge.
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New Mexico § 7-14A-4 (Presumption of taxability) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1991, ch. 197, § 8; 1993, ch. 359, § 2.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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; reversals