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New Mexico · Through 2026-07-01

7-9-9: Liability of user for payment of compensating tax.

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

Any person in New Mexico initially using property in New Mexico on the value of which compensating tax is payable but has not been paid is liable to the state for payment of the compensating tax, but this liability is discharged if the buyer has paid the compensating tax to the seller for payment over to the department.

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

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