N.M. Admin. Code § 3.2.6.9 - WHO IS THE TAXPAYER

A. The gross receipts tax is imposed on persons engaging in business in New Mexico. Such persons are solely liable for payment of the tax; they are not "collectors" on behalf of the state.

B. Section 7-9-6 NMSA 1978 treats as gross receipts, subject to the gross receipts tax, any amount of money shown on the books and records of a seller or lessor as the tax on receipts from a transaction which is in excess of the tax the seller or lessor is liable to report and pay to the department.

Notes

N.M. Admin. Code § 3.2.6.9

7/26/76, 6/18/79, 4/7/82, 5/4/84, 4/2/86, 11/20/90, 11/15/96; 3.2.6.9 NMAC - Rn & A, 3 NMAC 2.6.9, 4/30/01