New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 228 - DEDUCTION - GROSS RECEIPTS TAX - WARRANTY OBLIGATIONS
Section 3.2.228.8 - WARRANTY SUBCONTRACTOR
Universal Citation: 3 NM Admin Code 3.2.228.8
Current through Register Vol. 35, No. 18, September 24, 2024
If a dealer subcontracts with another person (subcontractor) to fulfill the dealer's warranty obligation of the manufacturer of the property, the receipts of the subcontractor may not be deducted pursuant to Section 7-9-68 NMSA 1978. The subcontractor is not the dealer of record.
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