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New Mexico · Through 2026-07-01

7-25-7: Exemption; resources tax.

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Where this section sits in the code
  1. Chapter 7 - Taxation
  2. ARTICLE 25 Resources Excise Tax

Exempted from the resources tax is the taxable value of any natural resource that is processed in New Mexico and on whose taxable value the processors tax is paid.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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