Exempted from the gross receipts tax are the receipts from selling boats on which a tax is imposed by Section 66-12-6.1 NMSA 1978. History: 1978 Comp., § 7-9-22.1, enacted by Laws 1987, ch. 247, § 1.
Exemption; gross receipts tax; boats
NMSA 1978, § 7-9-22.1 — under Article 9.
NMSA 1978, § 7-9-22.1