As used in the Streamlined Sales and Use Tax Administration Act: A. 'agreement' means the streamlined sales and use tax agreement; B. 'certified automated system' means software certified jointly by member states to: (1) calculate the sales tax imposed by each jurisdiction on a transaction; (2) determine the amount of tax to remit to the appropriate state; and (3) maintain a record of the transaction; C. 'certified service provider' means an agent that performs all of the sales tax functions of a seller and that is certified jointly by member states to perform all of the sales tax functions of the seller; D. 'member state' means a state of the United States that enters into the agreement with another state and the District of Columbia if it enters into the agreement with another state; E. 'person' means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation and any other legal entity; F. 'sales tax' means the gross receipts tax levied pursuant to the Gross Receipts and Compensating Tax Act [Chapter 7, Article 9 NMSA 1978] or a tax imposed by a state on the sale of goods or services; G. ales tax' means the gross receipts tax levied pursuant to the Gross Receipts and Compensating Tax Act [Chapter 7, Article 9 NMSA 1978] or a tax imposed by a state on the sale of goods or services; G. 'seller' means a person making sales, leases and rentals of personal property and services; and H. 'use tax' means the compensating tax levied pursuant to the Gross Receipts and Compensating Tax Act. History: Laws 2005, ch. 225, § 3. ANNOTATIONSEffective dates. — Laws 2005, ch. 225 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 17, 2005, 90 days after adjournment of the legislature.
New Mexico Legal Code