New Mexico Statutes
§ 7-14A-7 — Deduction; transactions in interstate commerce
New Mexico § 7-14A-7
This text of New Mexico § 7-14A-7 (Deduction; transactions in interstate commerce) 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. § 7-14A-7 (2026).
Text
Receipts from transactions in interstate commerce may be deducted from gross receipts to the extent that the imposition of the leased vehicle gross receipts tax would be unlawful under the United States constitution.
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Legislative History
Laws 1991, ch. 197, § 11.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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 § 7-14A-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-14A-7.