{"data":{"id":"us-nm/7-9-107","jurisdiction":"us-nm","citation":"7-9-107","heading":"Deduction; gross receipts tax; production or staging of professional contests.","body":"Receipts from producing or staging a professional boxing, wrestling or martial arts contest that occurs in New Mexico, including receipts from ticket sales and broadcasting, may be deducted from gross receipts.","path":["Chapter 7 - Taxation","ARTICLE 9 Gross Receipts and Compensating 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":"3ae1ce6986eb37ae83a2e3b93ec346618acd2a0615dee35c4adda7287c571ff7","source_id":"us-nm","stale":false,"prev":"us-nm/7-9-106","next":"us-nm/7-9-108"},"notice":"GroundRules: Original legal text. Not legal advice."}