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NEW MEXICO STATUTES AND CODES
Section 7-9-87 - Deduction; gross receipts tax; lottery retailer receipts.
7-9-87. Deduction; gross receipts tax; lottery retailer receipts.
Receipts of a lottery game retailer from selling lottery tickets pursuant to the New Mexico Lottery Act [6-24-1 NMSA 1978] may be deducted from gross receipts.
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