New Mexico Statutes

§ 7-9-63 — Deduction; gross receipts tax; publication sales

New Mexico § 7-9-63
JurisdictionNew Mexico
Ch. 7Taxation
Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-63 (Deduction; gross receipts tax; publication sales) 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. § 7-9-63 (2026).

Text

Receipts from publishing newspapers or magazines, except from selling advertising space, may be deducted from gross receipts. Receipts from selling magazines at retail may not be deducted from gross receipts.

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Legislative History

1953 Comp., § 72-16A-14.18, enacted by Laws 1969, ch. 144, § 53.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-9-63, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-63.