This tax shall not be levied more than once on the same product. Reporting of products on which this tax has been paid shall be subject to the regulation of the commission.
History: 1953 Comp., § 72-21-8, enacted by Laws 1959, ch. 54, § 8.
Cross references. — For meaning of "commission", see 7-31-2A NMSA 1978.
Structure 2021 New Mexico Statutes
Article 31 - Oil and Gas Emergency School Tax
Section 7-31-5 - Taxable value; method of determining.
Section 7-31-6 - Value may be determined by commission; standard.
Section 7-31-8 - Products on which tax has been levied; regulation by commission.
Section 7-31-10 - Operator's report; tax remittance; additional information.
Section 7-31-11 - Purchaser's report; tax remittance; additional information.
Section 7-31-26 - Advance payment required.
Section 7-31-27 - Jicarilla Apache tribal capital improvements tax credit.