New Mexico Statutes

§ 7-9-41 — Exemption; gross receipts tax; religious activities

New Mexico·Ch. 7 Taxation·Art. 9 Gross Receipts and Compensating Tax
Exempted from the gross receipts tax are the receipts of a minister of a religious organization, which organization has been granted an exemption from federal income tax by the United States commissioner of internal revenue as an organization described in Section 501(c)(3) of the United States Internal Revenue Code of 1954, as amended or renumbered, from religious services provided by the minister to an individual recipient of the service.

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Legislative History

1953 Comp., § 72-16A-12.29, enacted by Laws 1972, ch. 61, § 2.

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