Section 7-9-76.2 - Deduction; gross receipts tax; films and tapes. - New Mexico Statutes

7-9-76.2. Deduction; gross receipts tax; films and tapes.

Receipts from the leasing or licensing of theatrical and television films and tapes to a person engaged in the business of providing public or commercial entertainment from which gross receipts are derived may be deducted from gross receipts.