New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 2 - DATE PAYMENT DUE
Section 3.2.2.14 - ACCRUAL AND CASH BASIS REPORTING
Universal Citation: 3 NM Admin Code 3.2.2.14
Current through Register Vol. 35, No. 18, September 24, 2024
A. Cash basis taxpayers report as gross receipts or governmental gross receipts all cash and other consideration received during the tax reporting period.
B. Accrual basis taxpayers report as gross receipts or governmental gross receipts amounts of sales, including cash and charge sales, made during the tax reporting period.
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