N.M. Stat. § 7-9-25

Current through 2024, ch. 69

Section 7-9-25 - Exemption; gross receipts tax; dividends and interest

Exempted from the gross receipts tax are the receipts received as interest on money loaned or deposited, receipts received as dividends or interest from stocks, bonds or securities or receipts from the sale of stocks, bonds or securities.

NMS § 7-9-25

1953 Comp., § 72-16A-12.13, enacted by Laws 1969, ch. 144, § 18.