Chapter Contents

	TITLE 3 - TAXATION
	CHAPTER 2 GROSS RECEIPTS TAXES

3.2.1 NMAC	GENERAL PROVISIONS	pdf version
3.2.2 NMAC	DATE PAYMENT DUE	pdf version
3.2.3 NMAC	[RESERVED]
3.2.4 NMAC	IMPOSITION AND RATE OF TAX - DENOMINATION AS "GROSS RECEIPTS TAX"	pdf version
3.2.5 NMAC	PRESUMPTION OF TAXABILITY	pdf version
3.2.6 NMAC	SEPARATELY STATING THE GROSS RECEIPTS TAX	pdf version
3.2.7 - 9 NMAC	[RESERVED] PARTS 7 - 9
3.2.10 NMAC	IMPOSITION AND RATE OF TAX - DENOMINATION AS "COMPENSATING TAX"	pdf version
3.2.11 NMAC	PRESUMPTION OF TAXABILITY AND VALUE	pdf version
3.2.12 NMAC	LIABILITY OF USER FOR PAYMENT OF COMPENSATING TAX	pdf version
3.2.13 NMAC	AGENTS FOR COLLECTION OF COMPENSATING TAX - DUTIES	pdf version
3.2.14 - 19 NMAC	[RESERVED] PARTS 14 - 19
3.2.20 NMAC	GOVERNMENTAL GROSS RECEIPTS	pdf version
3.2.21 NMAC	IMPOSITION AND RATE OF GOVERNMENTAL GROSS RECEIPTS TAX	pdf version
3.2.22 - 99 NMAC	[RESERVED] PARTS 22 - 99
3.2.100 NMAC	EXEMPTIONS	pdf version
3.2.101 NMAC	EXEMPTIONS - GROSS RECEIPTS TAX - GOVERNMENTAL AGENCIES	pdf version
3.2.102 NMAC	EXEMPTIONS - COMPENSATING TAX - GOVERNMENTAL AGENCIES - INDIANS	pdf version
3.2.103 NMAC	[RESERVED]
3.2.104 NMAC	EXEMPTION - GROSS RECEIPTS TAX CERTAIN NONPROFIT FACILITIES	pdf version
3.2.105 NMAC	EXEMPTION - GROSS RECEIPTS TAX - WAGES	pdf version
3.2.106 NMAC	EXEMPTION - GROSS RECEIPTS TAX - AGRICULTURAL PRODUCTS	pdf version
3.2.107 NMAC	EXEMPTION GROSS RECEIPTS TAX - LIVESTOCK FEEDING	pdf version
3.2.108 NMAC	EXEMPTION - GROSS RECEIPTS TAX - CERTAIN RECEIPTS OF HOMEOWNERS ASSOCIATIONS	pdf version
3.2.109 NMAC	EXEMPTION - GROSS RECEIPTS TAX - VEHICLES	pdf version
3.2.110 NMAC	EXEMPTION - GROSS RECEIPTS TAX - BOATS	pdf version
3.2.111 NMAC	EXEMPTION - COMPENSATING TAX - VEHICLES	pdf version
3.2.112 NMAC	EXEMPTION - GROSS RECEIPTS TAX - INSURANCE COMPANIES	pdf version
3.2.113 NMAC	EXEMPTION - GROSS RECEIPTS TAX - DIVIDENDS AND INTEREST	pdf version
3.2.114 NMAC	EXEMPTION - GROSS RECEIPTS AND COMPENSATING TAX - FUEL	pdf version
3.2.115 NMAC	EXEMPTION - COMPENSATING TAX - PERSONAL EFFECTS	pdf version
3.2.116 NMAC	EXEMPTION - GROSS RECEIPTS TAX - OCCASIONAL SALE OF PROPERTY OR SERVICES	pdf version
3.2.117 NMAC	EXEMPTION - GROSS RECEIPTS TAX - CERTAIN ORGANIZATIONS	pdf version
3.2.118 NMAC	EXEMPTION - COMPENSATING TAX - RAILROAD EQUIPMENT AND AIRCRAFT	pdf version
3.2.119 NMAC	EXEMPTION - GROSS RECEIPTS TAX AND COMPENSATING TAX - RESALE ACTIVITIES OF AN ARMED FORCES INSTRUMENTALITY	pdf version
3.2.120 NMAC	[RESERVED]
3.2.121 NMAC	EXEMPTION - GROSS RECEIPTS TAX - PRODUCTS SUBJECT TO OIL AND GAS EMERGENCY SCHOOL TAX ACT	pdf version
3.2.122 NMAC	[RESERVED]
3.2.123 NMAC	EXEMPTION - GROSS RECEIPTS TAX - NATURAL RESOURCES SUBJECT TO RESOURCES EXCISE TAX ACT	pdf version
3.2.124 NMAC	EXEMPTION - GROSS RECEIPTS TAX - OIL AND GAS CONSUMED IN THE PIPELINE TRANSPORTATION OF OIL AND GAS PRODUCTS	pdf version
3.2.125 NMAC	[RESERVED]
3.2.126 NMAC	EXEMPTION - COMPENSATING TAX - USE OF ELECTRICITY IN THE PRODUCTION AND TRANSMISSION OF ELECTRICITY	pdf version
3.2.127 NMAC	EXEMPTION - GROSS RECEIPTS TAX - FEES FROM SOCIAL ORGANIZATIONS	pdf version
3.2.128 NMAC	EXEMPTION - GROSS RECEIPTS TAX - PURSES AND JOCKEY REMUNERATION AT NEW MEXICO RACETRACKS - RECEIPTS FROM GROSS AMOUNTS WAGERED	pdf version
3.2.129 NMAC	EXEMPTION - GROSS RECEIPTS TAX - RELIGIOUS ACTIVITIES	pdf version
3.2.130 NMAC	[RESERVED]
3.2.131 - 199 NMAC	[RESERVED] PARTS 131 - 199
3.2.200 NMAC	LOCAL OPTION TAXES	pdf version
3.2.201 NMAC	NONTAXABLE TRANSACTION CERTIFICATES, FARMERS'AND RANCHERS' STATEMENTS AND OTHER EVIDENCE REQUIRED TO ENTITLE PERSONS TO DEDUCTIONS	pdf version
3.2.202 NMAC	SUSPENSION OF THE RIGHT TO USE A NONTAXABLE TRANSACTION CERTIFICATE	pdf version
3.2.203 NMAC	DEDUCTIONS	pdf version
3.2.204 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALES TO MANUFACTURERS	pdf version
3.2.205 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF TANGIBLE PERSONAL PROPERTY FOR RESALE	pdf version
3.2.206 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF A SERVICE FOR RESALE	pdf version
3.2.207 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF TANGIBLE PERSONAL PROPERTY FOR LEASING	pdf version
3.2.208 NMAC	DEDUCTION - GROSS RECEIPTS TAX - LEASE FOR SUBSEQUENT LEASE	pdf version
3.2.209 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF CONSTRUCTION MATERIALS	pdf version
3.2.210 NMAC	DEDUCTION - GROSS RECEIPTS TAX - CONSTRUCTION PURPOSES	pdf version
3.2.211 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OR LEASE OF REAL PROPERTY AND LEASE OF MANUFACTURED HOMES	pdf version
3.2.212 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALES TO GOVERNMENTAL AGENCIES	pdf version
3.2.213 NMAC	DEDUCTION - GROSS RECEIPTS TAX - TRANSACTION IN INTERSTATE COMMERCE	pdf version
3.2.214 NMAC	DEDUCTION - GROSS RECEIPTS TAX - INTRASTATE TRANSPORTATION AND SERVICES IN INTERSTATE COMMERCE	pdf version
3.2.215 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF CERTAIN SERVICES TO AN OUT-OF-STATE BUYER	pdf version
3.2.216 NMAC	DEDUCTION - GROSS RECEIPTS TAX - FEED - FERTILIZERS	pdf version
3.2.217 NMAC	DEDUCTION - GROSS RECEIPTS TAX - WAREHOUSING, THRESHING, HARVESTING, GROWING, CULTIVATING AND PROCESSING AGRICULTURAL PRODUCTS	pdf version
3.2.218 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALES TO CERTAIN ORGANIZATIONS	pdf version
3.2.219 NMAC	DEDUCTION - GROSS RECEIPTS TAX - CERTAIN LOAN CHARGES	pdf version
3.2.220 NMAC	DEDUCTION - GROSS RECEIPTS TAX - AGRICULTURAL IMPLEMENTS - AIRCRAFT VEHICLES THAT ARE NOT REQUIRED TO BE REGISTERED	pdf version
3.2.221 NMAC	DEDUCTION - GROSS RECEIPTS TAX - PUBLICATION SALES	pdf version
3.2.222 NMAC	DEDUCTION - GROSS RECEIPTS TAX - NEWSPAPERS SALES	pdf version
3.2.223 NMAC	DEDUCTION - GROSS RECEIPTS TAX - CHEMICALS AND REAGENTS	pdf version
3.2.224 NMAC	[RESERVED]
3.2.225 NMAC	DEDUCTION - GROSS RECEIPTS TAX - COMMISSIONS	pdf version
3.2.226 NMAC	DEDUCTION - GROSS RECEIPTS TAX - CERTAIN REAL ESTATE TRANSACTIONS	pdf version
3.2.227 NMAC	DEDUCTION - GROSS RECEIPTS TAX - REFUNDS - UNCOLLECTIBLE DEBTS	pdf version
3.2.228 NMAC	DEDUCTION - GROSS RECEIPTS TAX - WARRANTY OBLIGATIONS	pdf version
3.2.229 NMAC	DEDUCTION - GROSS RECEIPTS TAX - ADMINISTRATIVE AND ACCOUNTING SERVICES	pdf version
3.2.230 NMAC	DEDUCTION - GROSS RECEIPTS TAX - RENTAL OR LEASE OF VEHICLES USED IN INTERSTATE COMMERCE	pdf version
3.2.231 NMAC	DEDUCTION - GROSS RECEIPTS TAX - TRADE-IN ALLOWANCE	pdf version
3.2.232 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF PROSTHETIC DEVICES	pdf version
3.2.233 NMAC	DEDUCTION - GROSS RECEIPTS TAX GENERAL HOSPITALS [RESERVED]
3.2.234 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF PRESCRIPTION DRUGS	pdf version
3.2.235 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SALE OF CERTAIN SERVICES PERFORMED DIRECTLY ON PRODUCT MANUFACTURED	pdf version
3.2.236 NMAC	[RESERVED]
3.2.237 NMAC	DEDUCTION - COMPENSATING TAX	pdf version
3.2.238 NMAC	DEDUCTION - COMPENSATING TAX - USE OF TANGIBLE PERSONAL PROPERTY FOR LEASING	pdf version
3.2.239 NMAC	DEDUCTION - GROSS RECEIPTS TAX - FUNDRAISING	pdf version
3.2.240 NMAC	DEDUCTION - GROSS RECEIPTS TAX - RECEIPTS OF SALE OF FOOD AT RETAIL FOOD STORE	pdf version
3.2.241 NMAC	DEDUCTION - GROSS RECEIPTS TAX - RECEIPTS OF HEALTH CARE PRACTITIONERS	pdf version
3.2.242 NMAC	DEDUCTION - GROSS RECEIPTS TAX - RECEIPTS OF RETAILERS FROM SALES OF CERTAIN TANGIBLE PERSONAL PROPERTY	pdf version
3.2.243 - 246 NMAC	[RESERVED] PARTS 243 - 246
3.2.247 NMAC	DEDUCTION - GROSS RECEIPTS TAX - SOLAR ENERGY SYSTEMS	pdf version
3.2.248 NMAC	DEDUCTION - GROSS RECEIPTS TAX - MEDICAL TREATMENT OF CATTLE	pdf version
3.2.249 - 299 NMAC	[RESERVED] PARTS 249 - 299
3.2.300 NMAC	CREDIT - GROSS RECEIPTS TAX - SERVICES	pdf version
3.2.301 NMAC	CREDIT - COMPENSATING TAX	pdf version
3.2.302 NMAC	CREDIT - GROSS RECEIPTS TAX - SERVICE FOR RESALE	pdf version