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NEW MEXICO STATUTES AND CODES
Section 7-9-73.1 - Deduction; gross receipts; hospitals.
7-9-73.1. Deduction; gross receipts; hospitals.
Fifty percent of the receipts of hospitals licensed by the department of health may be deducted from gross receipts; provided, this deduction may be applied only to the taxable gross receipts remaining after all other appropriate deductions have been taken.
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