New Mexico Statutes
§ 7-9C-3 — Imposition and rate of tax; denomination as interstate
telecommunications gross receipts tax.
A.For the privilege of engaging in interstate telecommunications business, an excise tax equal to four and one-fourth percent of interstate telecommunications gross receipts is imposed upon any person engaging in interstate telecommunications business in New Mexico.
B.The tax imposed by this section shall be referred to as the "interstate telecommunications gross receipts tax".
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New Mexico § 7-9C-3 (Imposition and rate of tax; denomination as interstate) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1992, ch. 50, § 3 and Laws 1992, ch. 67, § 3.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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