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Deduction; interstate sales

NMSA 1978, § 7-12A-5
in effect
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7-12A-5. Deduction; interstate sales The product value of tobacco products sold and shipped or given and shipped to a person in another state may be deducted from the product value subject to the tax imposed by the Tobacco Products Tax Act; provided that the department may require the person to submit proof satisfactory to the department that the tobacco products have been sold and shipped or given and shipped to a person in another state. 1978 Comp., § 7-12A-5, enacted by Laws 1986, ch. 112, § 6.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do#!b/7-12A-5Fetched: 10/20/2026

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