New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 242 - DEDUCTION - GROSS RECEIPTS TAX - RECEIPTS OF RETAILERS FROM SALES OF CERTAIN TANGIBLE PERSONAL PROPERTY
Section 3.2.242.12 - INTERNET, MAIL ORDER AND TELEPHONE SALES
Universal Citation: 3 NM Admin Code 3.2.242.12
Current through Register Vol. 35, No. 18, September 24, 2024
Qualified items sold to purchasers with a New Mexico billing address by mail, telephone, email and internet shall qualify for deduction under Section 7-9-95 NMSA 1978 if:
A. the item is both delivered to and paid for by the customer during the time period specified in Section 7-9-95 NMSA 1978; or
B. the customer orders and pays for the item and the retailer accepts the order during the time period specified in Section 7-9-95 NMSA 1978 for immediate shipment, even if delivery of the item is made after the exemption period.
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