New Mexico Statutes

§ 7-9-32 — Exemption; gross receipts tax; oil and gas or mineral

New Mexico·Ch. 7 Taxation·Art. 9 Gross Receipts and Compensating Tax
interests. Exempted from the gross receipts tax are the receipts from the sale of or leasing of oil, natural gas or mineral interests.

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

New Mexico § 7-9-32 (Exemption; gross receipts tax; oil and gas or mineral) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1953 Comp., § 72-16A-12.20, enacted by Laws 1969, ch. 144, § 25.

Nearby Sections

15
View on official source ↗