New Mexico Statutes
§ 7-9-87 — Deduction; gross receipts tax; lottery retailer receipts
Receipts of a lottery game retailer from selling lottery tickets pursuant to the New Mexico Lottery Act [Chapter 6, Article 24 NMSA 1978] may be deducted from gross receipts.
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New Mexico § 7-9-87 (Deduction; gross receipts tax; lottery retailer receipts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1995, ch. 155, § 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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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; reversals