NMSA 7-9-70. Deduction; gross receipts tax; rental or lease of vehicles — United States — New Mexico law | Esheria

NMSA 7-9-70. Deduction; gross receipts tax; rental or lease of vehicles

Receipts from renting or leasing certain vehicles may be deducted from gross receipts tax if the vehicles are used to transport passengers or property for hire in interstate commerce under U.S. agency regulations or authorization.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
deductions gross receipts tax vehicle rental or lease

Publicly available, excluded from search-engine indexing

This page remains available for direct access and API use, but this release emits noindex,follow for the following reason:

  • The record does not meet this release's canonical indexing criteria. (market-indexing-disabled)

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.

Read the provisions Ask with citations