LegalFix
Sign In

Section 7-9-89 - Deduction; [gross receipts tax;] sales to certain accredited diplomats and missions.

NM Stat § 7-9-89 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Receipts from selling or leasing property to, or from performing services for, an accredited foreign mission or an accredited member of a foreign mission may be deducted from gross receipts when a treaty in force to which the United States is a party requires forbearance of tax when the legal incidence is upon the buyer or when the tax is customarily passed on to the buyer.

History: Laws 1998, ch. 89, § 2.

Effective dates. — Laws 1998, ch. 89, § 7 made Laws 1998, ch. 89, § 2 effective July 1, 1998.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Previous Section
Section 7-9-88.2 - Credit; gross receipts tax; tax paid to Navajo Nation on receipts from selling coal.
Next Section
Section 7-9-90 - Deductions; gross receipts tax; sales of uranium hexafluoride and enrichment of uranium.