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Business Taxes Law Guide—Revision 2024

Sales and Use Tax Annotations


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U


570.0000 Use of Property in State and Use Tax Generally

Annotation 570.1667

(h) Credit for Tax Imposed by Other Jurisdictions


570.1667 New Mexico's Gross Receipts and Compensation Tax. The State of New Mexico's Gross Receipts and Compensation Tax qualifies as a state sales and use tax for which California will grant credit under section 6406. 1/5/84.