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New Mexico · Through 2026-07-01

7-9-28: Exemption; gross receipts tax; occasional sale of property or services.

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Where this section sits in the code
  1. Chapter 7 - Taxation
  2. ARTICLE 9 Gross Receipts and Compensating Tax

Exempted from the gross receipts tax are the receipts from the isolated or occasional sale of or leasing of property or a service by a person who is neither regularly engaged nor holding himself out as engaged in the business of selling or leasing the same or similar property or service.

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

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