N.M. Admin. Code § 3.2.214.9

Current through Register Vol. 35, No. 21, November 5, 2024

Section 3.2.214.9 - COMMISSIONS OF NEW MEXICO AGENTS

A. Commissions to a person in New Mexico for originating interstate transportation of persons are not deductible pursuant to either Section 7-9-56 NMSA 1978 or Section 7-9-66 NMSA 1978. Such commissions are a fee for service rendered in New Mexico.

B. Example: A, an airline company, secures passage on an interstate flight of another airline for one of its passengers because all of its flights to that particular destination are full. A receives a commission from the other airline for originating the transportation for that airline. The commission A receives is subject to the gross receipts tax.

12/5/69, 3/9/72, 11/20/72, 3/20/74, 7/26/76, 6/18/79, 4/7/82, 5/4/84, 4/2/86, 11/26/90, 11/15/96; 3.2.214.9 NMAC - Rn, 3 NMAC 2.56.9 & A, 5/31/01