{"data":{"id":"us-nm/7-25-7","jurisdiction":"us-nm","citation":"7-25-7","heading":"Exemption; resources tax.","body":"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.","path":["Chapter 7 - Taxation","ARTICLE 25 Resources Excise Tax"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"71e924784741bbd3599912d1898730ab8ba474824ed2776e59d1680b4a73f1a9","source_id":"us-nm","stale":false,"prev":"us-nm/7-25-6","next":"us-nm/7-25-8"},"notice":"GroundRules: Original legal text. Not legal advice."}