N.M. Admin. Code § 3.2.207.10
Current through Register Vol. 35, No. 23, December 10, 2024
A seller/lessee who enters into a qualified "safe harbor lease" transaction as defined in Section 168 of the Internal Revenue Code and who is in the business of selling or leasing the same type of property sold under the "safe harbor lease" may issue and receive the nontaxable transaction certificate authorized by Section 7-9-49 NMSA 1978.
N.M. Admin. Code § 3.2.207.10