GroundRules
7-9-87: Deduction; gross receipts tax; lottery retailer receipts.
Where this section sits in the code
- Chapter 7 - Taxation
- ARTICLE 9 Gross Receipts and Compensating Tax
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.
Collected 2026-09-03T15:02:19Z. Source file · JSON