Deduction; gross receipts tax; lottery retailer receipts

NMSA 1978, § 7-9-87 — under Article 9.

NMSA 1978, § 7-9-87

Receipts of a lottery game retailer from selling lottery tickets pursuant to the New Mexico Lottery Act [Chapter 6, Article 24 NMSA 1978] may be deducted from gross receipts. History: Laws 1995, ch. 155, § 35.