New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 218 - IMPOSITION AND RATE OF GOVERNMENTAL GROSS RECEIPTS TAX
Section 3.2.218.10 - CUSTOM SOFTWARE
Universal Citation: 3 NM Admin Code 3.2.218.10
Current through Register Vol. 35, No. 18, September 24, 2024
Because it is a service, receipts from developing or selling custom software for 501(c)(3) organizations are not deductible under Section 7-9-60 NMSA 1978.
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