For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Deduction; trade-in allowance

NMSA 1978, § 7-14A-8
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
7-14A-8. Deduction; trade-in allowance Receipts represented by allowances granted for vehicle trade-ins may be deducted from gross receipts. Laws 1991, ch. 197, § 12.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do#!b/7-14A-8Fetched: 10/20/2026

Starting a business in New Mexico? New Mexico LLC guide: costs and requirements