New Mexico Statutes

§ 7-9-22 — Exemption; gross receipts tax; vehicles

New Mexico § 7-9-22
JurisdictionNew Mexico
Ch. 7Taxation
Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-22 (Exemption; gross receipts tax; vehicles) 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. § 7-9-22 (2026).

Text

Exempted from the gross receipts tax are the receipts from selling vehicles on which a tax is imposed by the Motor Vehicle Excise Tax Act [Chapter 7, Article 14 NMSA 1978], vehicles subject to registration under Section 66-3-16 NMSA 1978 and vehicles exempt from the motor vehicle excise tax pursuant to Subsection F of Section 7-14-6 NMSA 1978.

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Legislative History

1953 Comp., § 72-16A-12.10, enacted by Laws 1969, ch. 144, § 15; 1976

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-9-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-22.