State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-9 > Section-7-9-87

7-9-87. Deduction; gross receipts tax; lottery retailer receipts.

Receipts of a lottery game retailer from selling lottery tickets pursuant to the New Mexico Lottery Act [6-24-1 NMSA 1978] may be deducted from gross receipts.   

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-9 > Section-7-9-87

7-9-87. Deduction; gross receipts tax; lottery retailer receipts.

Receipts of a lottery game retailer from selling lottery tickets pursuant to the New Mexico Lottery Act [6-24-1 NMSA 1978] may be deducted from gross receipts.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-9 > Section-7-9-87

7-9-87. Deduction; gross receipts tax; lottery retailer receipts.

Receipts of a lottery game retailer from selling lottery tickets pursuant to the New Mexico Lottery Act [6-24-1 NMSA 1978] may be deducted from gross receipts.