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Deduction; gross receipts tax; certain organization fundraisers

NMSA 1978, § 7-9-85
in effect
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7-9-85. Deduction; gross receipts tax; certain organization fundraisers Receipts from not more than two fundraising events annually conducted by an organization that is exempt from the federal income tax as an organization described in Section 501(c), other than an organization described in Section 501(c)(3), of the United States Internal Revenue Code of 1986, as amended may be deducted from gross receipts. Laws 1994, ch. 43, § 1.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do#!b/7-9-85Fetched: 10/20/2026

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