Section 7-9-107 - Deduction; gross receipts tax; production or staging of professional contests

Receipts from producing or staging a professional boxing, wrestling or martial arts contest that occurs in New Mexico, including receipts from ticket sales and broadcasting, may be deducted from gross receipts. History: Laws 2007, ch. 172, § 9. ANNOTATIONSEffective dates. — Laws 2007, ch. 172, § 30 made Laws 2007, ch. 172, § 9 effective July 1, 2007.