The purpose of the Gross Receipts Tax Registration Act is to ensure that all persons doing business with the state, whether leasing property employed in New Mexico, performing services in New Mexico or selling property in New Mexico, are registered with the department for payment of the gross receipts tax. History: 1953 Comp., § 72-16A-31, enacted by Laws 1970, ch. 26, § 2; 1995, ch. 70, § 8. ANNOTATIONSThe 1995 amendment, effective July 1, 1995, substituted 'ensure' for 'insure' and 'department' for 'bureau' in this section.
New Mexico Legal Code