N.M. Admin. Code § 3.2.209.20
Current through Register Vol. 35, No. 24, December 23, 2024
Receipts from the sale of blueprints or photostats to a person engaged in the construction business are subject to the gross receipts tax. These receipts may not be deducted pursuant to Section 7-9-51 NMSA 1978, because they do not become an ingredient or component part of a construction project.
N.M. Admin. Code § 3.2.209.20