N.M. Admin. Code § 3.2.218.12
Current through Register Vol. 35, No. 21, November 5, 2024
Receipts derived from the rental of lodging in hotels, motels, boarding houses or similar facilities to a Section 501(c)(3) organization may not be deducted from gross receipts pursuant to Section 7-9-60 NMSA 1978 because the rental of such lodging is not the sale of tangible personal property.
N.M. Admin. Code § 3.2.218.12