Section 7-30-26 – Repealed.
ANNOTATIONS Repeals. — Laws 1985, ch. 65, § 46 repealed 7-30-26 NMSA 1978, as enacted by Laws 1959, ch. 53, § 26, relating to limitation of actions, effective July 1, 1985.
Section 7-30-13 – Repealed.
ANNOTATIONS Repeals. — Laws 1985, ch. 65, § 46 repealed 7-30-13 NMSA 1978, as enacted by Laws 1959, ch. 53, § 13, relating to monthly report to department of finance and administration, transfer to oil conservation fund, effective July 1, 1985.
Section 7-30-14 – Recompiled.
ANNOTATIONS Recompilations. — Laws 1989, ch. 130, § 12 recompiled former 7-30-14 NMSA 1978, relating to disposition of oil conservation fund, as 70-2-36.1 NMSA 1978, effective June 16, 1989. Laws 1991, ch. 9, § 45A repealed 70-2-36.1 NMSA 1978, effective July 1, 1991.
Section 7-30-15 – Repealed.
ANNOTATIONS Repeals. — Laws 1985, ch. 65, § 46 repealed 7-30-15 NMSA 1978, as enacted by Laws 1959, ch. 53, § 15, relating to tax paid erroneously, refund, effective July 1, 1985.
Section 7-30-16 – Repealed.
ANNOTATIONS Repeals. — Laws 1985, ch. 65, § 46 repealed 7-30-16 NMSA 1978, as enacted by Laws 1959, ch. 53, § 16, relating to tax payment under protest, suit authorized, effective July 1, 1985.
Section 7-30-7 – Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.
When an increase in the value of any product is subject to the approval of any agency of the United States of America or the state of New Mexico, or any court, the increased value shall be subject to this tax. In the event the increase in value is disapproved, either in whole or in […]
Section 7-30-8 – Products on which tax has been levied; regulation by department.
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 department. History: 1953 Comp., § 72-20-8, enacted by Laws 1959, ch. 53, § 8; 1989, ch. 130, § 8. ANNOTATIONS The 1989 amendment, effective […]
Section 7-30-9 – Operator or purchaser to withhold interest owner’s tax; department may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.
A. Any operator making a monetary payment to an interest owner for his portion of the value of products from a production unit shall withhold from such payment the amount of tax due from the interest owner. B. Any purchaser who, by express or implied agreement with the operator, makes a monetary payment to an […]
Section 7-30-10 – Operator’s report; tax remittance; additional information.
Each operator shall, in the form and manner required by the department, make a return to the department showing the total value, volume and kind of products sold from each production unit for each calendar month. All taxes due or to be remitted by the operator shall accompany this return. The return shall be filed […]
Section 7-30-11 – Purchaser’s report; tax remittance; additional information.
Each purchaser shall, in the form and manner required by the department, make a return to the department showing the total value, volume and kind of products purchased by him from each production unit for each calendar month. All taxes due or to be remitted by the purchaser shall accompany this return. The return shall […]