Gross Receipts and Compensating Tax
NMSA 1978 ch. 7, art. 9
in effectContents
section7-9-1. Short titlesection7-9-2. Purposesection7-9-3. Definitionssection7-9-3.2. Additional definitionsection7-9-3.3. Definition; engaging in businesssection7-9-3.4. Definitions; construction, construction materials and construction-related servicessection7-9-3.5. Definition; gross receiptssection7-9-4. Imposition and rate of tax; denomination as "gross receipts tax"section7-9-4.3. Imposition and rate of tax; denomination as "governmental gross receipts tax"section7-9-5. Presumption of taxabilitysection7-9-6. Separately stating the gross receipts taxsection7-9-7. Imposition and rate of tax; denomination as "compensating tax"section7-9-7.1. Department barred from taking collection actions with respect to certain tax liabilitiessection7-9-7.2. Authority to establish standards for certified service providerssection7-9-8. Presumption of taxability and valuesection7-9-9. Liability of user for payment of compensating taxsection7-9-11. Date payment duesection7-9-12. Exemptionssection7-9-13. Exemption; gross receipts tax; governmental agenciessection7-9-13.1. Exemption; gross receipts tax; certain servicessection7-9-13.2. Exemption; governmental gross receipts tax; receipts subject to certain other taxessection7-9-13.3. Exemption; gross receipts tax and governmental gross receipts tax; stadium surchargesection7-9-13.4. Exemption; gross receipts tax; sale of textbooks from certain bookstores to enrolled studentssection7-9-13.5. Exemption; gross receipts tax and governmental gross receipts tax; event center surchargesection7-9-14. Exemption; compensating tax; governmental agencies; Indianssection7-9-15. Exemption; compensating tax; certain organizationssection7-9-17. Exemption; gross receipts tax; wagessection7-9-18. Exemption; gross receipts tax and governmental gross receipts tax; agricultural productssection7-9-18.1. Exemption; gross receipts tax; supplemental nutrition assistance program benefitssection7-9-19. Exemption; gross receipts tax; livestock feedingsection7-9-20. Exemption; gross receipts tax; certain receipts of homeowners associationssection7-9-22. Exemption; gross receipts tax; vehiclessection7-9-22.1. Exemption; gross receipts tax; boatssection7-9-23. Exemption; compensating tax; vehiclessection7-9-23.1. Exemption; compensating tax; boatssection7-9-24. Exemption; gross receipts tax; insurance companiessection7-9-25. Exemption; gross receipts tax; dividends and interestsection7-9-26. Exemption; gross receipts and compensating tax; fuelsection7-9-26.1. Exemption; gross receipts tax and compensating tax; fuel for space vehiclessection7-9-27. Exemption; compensating tax; personal effectssection7-9-28. Exemption; gross receipts tax; occasional sale of property or servicessection7-9-29. Exemption; gross receipts tax; certain organizations; exceptionssection7-9-30. Exemption; compensating tax; railroad equipment, aircraft and space vehiclessection7-9-31. Exemption; gross receipts and compensating tax; resale activities of an armed forces instrumentalitysection7-9-32. Exemption; gross receipts tax; oil and gas or mineral interestssection7-9-33. Exemption; gross receipts tax; products subject to Oil and Gas Emergency School Tax Actsection7-9-34. Exemption; gross receipts tax; refiners and persons subject to Natural Gas Processors Tax Actsection7-9-35. Exemption; gross receipts tax; natural resources subject to Resources Excise Tax Actsection7-9-36. Exemption; gross receipts tax; oil and gas consumed in the pipeline transportation of oil and gas productssection7-9-37. Exemption; compensating tax; use of oil and gas in the pipeline transportation of oil and gas productssection7-9-38. Exemption; compensating tax; use of electricity in the production, conversion and transmission of electricitysection7-9-38.1. Exemption; gross receipts tax; interstate telecommunications servicessection7-9-38.2. Exemption; gross receipts tax; sale of certain telecommunications servicessection7-9-39. Exemption; gross receipts tax; fees from social organizationssection7-9-40. Exemption; gross receipts tax; purses and jockey remuneration at New Mexico racetracks; receipts from gross amounts wageredsection7-9-41. Exemption; gross receipts tax; religious activitiessection7-9-41.1. Exemption; gross receipts tax and governmental gross receipts tax; athletic facility surchargesection7-9-41.3. Exemption; receipts from sales by disabled street vendorssection7-9-41.4. Exemption; officiating at New Mexico activities association-sanctioned school eventssection7-9-41.5. Exemption; nonprofit hospitals from local option gross receipts taxessection7-9-41.6. Exemption; gross receipts; certain health care providers from certain federal paymentssection7-9-43. Nontaxable transaction certificates and other evidence required to entitle persons to deductionssection7-9-43.1. Nontaxable transaction certificates not required by liquor wholesalerssection7-9-45. Deductionssection7-9-46. Deduction; gross receipts; governmental gross receipts; sales to manufacturers and manufacturing service providerssection7-9-46.1. Deduction; gross receipts; governmental gross receipts; sales of services to manufacturerssection7-9-47. Deduction; gross receipts tax; governmental gross receipts tax; sale of tangible personal property or licenses for resalesection7-9-48. Deduction; gross receipts tax; governmental gross receipts; sale of a service for resalesection7-9-49. Deduction; gross receipts tax; sale of tangible personal property and licenses for leasingsection7-9-50. Deduction; gross receipts tax; lease for subsequent leasesection7-9-51. Deduction; gross receipts tax; sale of construction material to persons engaged in the construction businesssection7-9-51.2. Deduction; gross receipts; sale of construction materials and labor used for the development of affordable housing multifamily residential housing projects. (Effective July 1, 2027.)section7-9-52. Deduction; gross receipts tax; sale of construction services and construction-related services to persons engaged in the construction businesssection7-9-52.1. Deduction; gross receipts tax; lease of construction equipment to persons engaged in the construction businesssection7-9-53. Deduction; gross receipts tax; sale or lease of real property and lease of manufactured homessection7-9-54. Deduction; gross receipts tax; governmental gross receipts tax; sales to governmental agenciessection7-9-54.1. Deduction; gross receipts from sale of aerospace services to certain organizationssection7-9-54.2. Gross receipts; deduction; spaceport operation; space operations; launching, operating and recovering space vehicles or payloads; payload services; operationally responsive space program servicessection7-9-54.3. Deduction; gross receipts tax; wind and solar generation equipment; energy storage equipment; sales to governmentssection7-9-54.4. Deduction; compensating tax; space-related test articlessection7-9-54.5. Deduction; compensating tax; test articlessection7-9-55. Deduction; gross receipts tax; governmental gross receipts tax; transaction in interstate commercesection7-9-56. Deduction; gross receipts tax; intrastate transportation and services in interstate commercesection7-9-56.1. Deduction; gross receipts tax; internet servicessection7-9-56.2. Deduction; gross receipts tax; hosting world wide web sitessection7-9-56.3. Deduction; gross receipts; trade-support company in a border zonesection7-9-57. Deduction; gross receipts tax; sale of certain services to an out-of-state buyersection7-9-57.2. Deduction; gross receipts tax; sale of software development servicessection7-9-58. Deduction; gross receipts tax; feed; fertilizerssection7-9-58.1. Credit; gross receipts tax; sale of dyed special fuel used for agricultural purposessection7-9-59. Deduction; gross receipts tax; warehousing, threshing, harvesting, growing, cultivating and processing agricultural products; testing or transporting milksection7-9-60. Deduction; gross receipts tax; governmental gross receipts tax; sales to certain organizationssection7-9-61.1. Deduction; gross receipts tax; certain receiptssection7-9-61.2. Deduction; receipts from sales to state-chartered credit unionssection7-9-62. Deduction; gross receipts tax; agricultural implements; aircraft manufacturers; vehicles that are not required to be registered; aircraft parts and maintenance services; reporting requirementssection7-9-62.1. Deduction; gross receipts tax; aircraft sales and services; reporting requirementssection7-9-63. Deduction; gross receipts tax; publication salessection7-9-64. Deduction; gross receipts tax; newspaper salessection7-9-65. Deduction; gross receipts tax; chemicals and reagentssection7-9-66. Deduction; gross receipts tax; commissionssection7-9-66.1. Deduction; gross receipts tax; certain real estate transactionssection7-9-67. Deduction; gross receipts tax; governmental gross receipts tax; refunds; uncollectible debtssection7-9-68. Deduction; gross receipts tax; warranty obligationssection7-9-69. Deduction; gross receipts tax; administrative and accounting servicessection7-9-70. Deduction; gross receipts tax; rental or lease of vehicles used in interstate commercesection7-9-71. Deduction; gross receipts tax; trade-in allowancesection7-9-73. Deduction; gross receipts tax; governmental gross receipts; sale of prosthetic devicessection7-9-73.1. Deduction; gross receipts; governmental gross receipts; hospitalssection7-9-73.2. Deduction; gross receipts tax and governmental gross receipts tax; prescription drugs; oxygen; cannabissection7-9-73.3. Deduction; gross receipts tax and governmental gross receipts tax; durable medical equipment; medical suppliessection7-9-73.4. Deduction; gross receipts tax; environmental modifications for medicaid recipientssection7-9-75. Deduction; gross receipts tax; sale of certain services performed directly on product manufacturedsection7-9-76. Deduction; gross receipts tax; travel agents' commissions paid by certain entitiessection7-9-76.1. Deduction; gross receipts tax; certain manufactured homessection7-9-76.2. Deduction; gross receipts tax; films and tapessection7-9-77. Deductions; compensating taxsection7-9-77.1. Deduction; gross receipts tax; certain medical and health care servicessection7-9-77.2. Deductions; gross receipts; child care assistance through a licensed child care assistance program; pre-kindergarten services by for-profit pre-kindergarten providerssection7-9-78. Deductions; compensating tax; use of tangible personal property for leasingsection7-9-78.1. Deduction; compensating tax; uranium enrichment plant equipmentsection7-9-79. Credit; compensating taxsection7-9-79.1. Credit; gross receipts tax; servicessection7-9-83. Deduction; gross receipts tax; jet fuelsection7-9-84. Deduction; compensating tax; jet fuelsection7-9-85. Deduction; gross receipts tax; certain organization fundraiserssection7-9-87. Deduction; gross receipts tax; lottery retailer receiptssection7-9-88.1. Credit; gross receipts tax; tax paid to certain tribessection7-9-88.2. Credit; gross receipts tax; tax paid to Navajo Nation on receipts from selling coalsection7-9-89. Deduction; [gross receipts tax;] sales to certain accredited diplomats and missionssection7-9-90. Deductions; gross receipts tax; sales of uranium hexafluoride and enrichment of uraniumsection7-9-91. Deduction; compensating tax; contributions of inventory to certain organizations and governmental agenciessection7-9-92. Deduction; gross receipts; sale of food at retail food storesection7-9-93. Deduction; gross receipts; certain receipts for services provided by health care practitioner or association of health care practitionerssection7-9-94. Deduction; gross receipts; military transformational acquisition programssection7-9-95. Deduction; gross receipts tax; sales of certain tangible personal property; limited periodsection7-9-96.2. Credit; gross receipts tax; unpaid charges for services provided in a hospitalsection7-9-96.3. Technology readiness gross receipts tax creditsection7-9-97. Deduction; gross receipts tax; receipts from certain purchases by or on behalf of the statesection7-9-98. Deduction; compensating tax; biomass-related equipment; biomass materialssection7-9-99. Deduction; gross receipts tax; sale of engineering, architectural and new facility construction services used in construction of certain public health care facilitiessection7-9-100. Deduction; gross receipts tax; sale of construction equipment and construction materials used in new facility construction of a sole community provider hospital [qualifying hospital] that is located in a federally designated health professional shortage areasection7-9-101. Deduction; gross receipts; equipment for certain electric transmission or storage facilitiessection7-9-102. Deduction; compensating tax; equipment for certain electric transmission or storage facilitiessection7-9-103. Deduction; gross receipts; services provided for certain electric transmission and storage facilitiessection7-9-103.1. Deduction; gross receipts tax; converting electricitysection7-9-103.2. Deduction; gross receipts; electricity exchangesection7-9-104. Deduction; gross receipts; nonathletic special event at post-secondary educational institutionsection7-9-107. Deduction; gross receipts tax; production or staging of professional contestssection7-9-108. Deduction; gross receipts; receipts from performing management or investment advisory services for mutual funds, hedge funds or real estate investment trustssection7-9-109. Deduction; gross receipts tax; veterinary medical services, medicine or medical supplies used in medical treatment of cattlesection7-9-110.1. Deduction; gross receipts tax; locomotive engine fuelsection7-9-110.2. Deduction; compensating tax; locomotive engine fuelsection7-9-110.3. Purpose and requirements of locomotive fuel deductionsection7-9-111. Deduction; gross receipts; hearing aids and vision aids and related servicessection7-9-112. Deduction; gross receipts; solar energy systemssection7-9-112.1. Deductions; gross receipts tax; compensating tax; geothermal electricity generation-related sales and usesection7-9-115. Deduction; gross receipts tax; goods and services for the department of defense related to directed energy and satellitessection7-9-116. Deduction; gross receipts tax; retail sales by certain businessessection7-9-117. Deduction; gross receipts; governmental gross receipts; marketplace sellersection7-9-119. Deduction; sales made by dispenser's license holdersection7-9-120. Deduction; gross receipts and governmental gross receipts; feminine hygiene productssection7-9-121. Credit; gross receipts tax; legal services for wildfire compensation recovery
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.doFetched: 10/20/2026