New Mexico Code § 7-9-76

Deduction; gross receipts tax; travel agents' commissions paid by certain entities
Open in Lexace · Ask the AI about this section
Receipts of travel agents derived from commissions paid by maritime transportation companies and interstate airlines, railroads and passenger buses for booking, referral, reservation or ticket services may be deducted from gross receipts.
History: 1953 Comp., § 72-16A-14.33, enacted by Laws 1977, ch. 288, § 2.
Effective dates. — Laws 1977, ch. 288, § 3 made Laws 1977, ch. 288, § 2 effective July 1, 1977.

‹ Prev All New Mexico sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.