New Mexico Statutes
§ 7-9-73.1 — Deduction; gross receipts; governmental gross receipts;
New Mexico § 7-9-73.1
This text of New Mexico § 7-9-73.1 (Deduction; gross receipts; governmental gross receipts;) 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. § 7-9-73.1 (2026).
Text
hospitals.
A.Sixty percent of the receipts of hospitals licensed by the department of health may be deducted from gross receipts; provided that this deduction may be applied only to the taxable gross receipts remaining after all other appropriate deductions have been taken.
B.Sixty percent of the receipts of a hospital licensed by the department of health may be deducted from governmental gross receipts.
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Legislative History
Laws 1991, ch. 8, § 3; 1993, ch. 56, § 1; 1995, ch. 50, § 5; 2019, ch. 270, § 35.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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 § 7-9-73.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-73.1.