Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 24 - Municipal and County Gross Receipts Tax on Liquor, 7-24-1 through 7-24-16. > Section 7-24-13 - Exemption; purchases for resale.

Section 7-24-13 - Exemption; purchases for resale.

7-24-13. Exemption; purchases for resale.

Exempted from any local liquor excise tax are purchases for sale to retailers for resale.