N.M. Stat. Ann. § 7-9C-3 – Imposition and rate of tax; denomination as interstate telecommunications gross receipts tax

A. For the privilege of engaging in interstate telecommunications business, an excise tax equal to four and one-fourth percent of interstate telecommunications gross receipts is imposed upon any person engaging in interstate telecommunications business in New Mexico.
B. The tax imposed by this section shall be referred to as the "interstate telecommunications gross receipts tax".

History: Laws 1992, ch. 50, § 3 and Laws 1992, ch. 67, § 3.

Duplicate laws. — Laws 1992, ch. 50, § 3 and Laws 1992, ch. 67, § 3 enacted identical versions of this section, effective July 1, 1992.