New Mexico Statutes
§ 7-9-19 — Exemption; gross receipts tax; livestock feeding
New Mexico § 7-9-19
This text of New Mexico § 7-9-19 (Exemption; gross receipts tax; livestock feeding) 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. § 7-9-19 (2026).
Text
A.Exempted from the gross receipts tax are the receipts of any person derived from feeding or pasturing livestock.
B.Receipts derived from penning or handling livestock prior to sale are receipts derived from feeding livestock for the purposes of this section.
C.Receipts derived from training livestock are receipts derived from feeding livestock for the purposes of this section.
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Legislative History
1953 Comp., § 72-16A-12.7, enacted by Laws 1969, ch. 144, § 12; 1974, ch.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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 § 7-9-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-19.