New Mexico Statutes
§ 7-9-25 — Exemption; gross receipts tax; dividends and interest
New Mexico § 7-9-25
This text of New Mexico § 7-9-25 (Exemption; gross receipts tax; dividends and interest) 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. § 7-9-25 (2026).
Text
Exempted from the gross receipts tax are the receipts received as interest on money loaned or deposited, receipts received as dividends or interest from stocks, bonds or securities or receipts from the sale of stocks, bonds or securities.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1953 Comp., § 72-16A-12.13, enacted by Laws 1969, ch. 144, § 18.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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 § 7-9-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-25.