New Mexico § 7-9-13.4 Exemption; gross receipts tax; sale of textbooks from

New Mexico Statutes

§ 7-9-13.4 — Exemption; gross receipts tax; sale of textbooks from

New Mexico § 7-9-13.4

Ch. 7Taxation

Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-13.4 (Exemption; gross receipts tax; sale of textbooks from) 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. § 7-9-13.4 (2026).

Text

certain bookstores to enrolled students. Exempted from the gross receipts tax are the receipts from the sale of textbooks and other materials that are required for courses at a public post-secondary educational institution if the sale is by a bookstore located on the campus of the institution and operated pursuant to a contractual agreement with that institution and the sale is to a student enrolled at the institution who displays a valid student identification card.

Free access — add to your briefcase to read the full text and ask questions with AI

certain bookstores to enrolled students. Exempted from the gross receipts tax are the receipts from the sale of textbooks and other materials that are required for courses at a public post-secondary educational institution if the sale is by a bookstore located on the campus of the institution and operated pursuant to a contractual agreement with that institution and the sale is to a student enrolled at the institution who displays a valid student identification card.