N.M. Stat. § 7-25-7

Current through 2024, ch. 69

Section 7-25-7 - Exemption; resources tax

Exempted from the resources tax is the taxable value of any natural resource that is processed in New Mexico and on whose taxable value the processors tax is paid.

NMS § 7-25-7

1953 Comp., § 72-16A-26, enacted by Laws 1966, ch. 48, § 7.