[Adopted 8-18-2009 by Ord. No. 245-09]
There is imposed on any person engaging in business
in the County area outside of the boundaries of any incorporated municipality,
for the privilege of engaging in business in the County area, an excise
tax equal to 0.25% of the gross receipts reported or required to be
reported by the person pursuant to the New Mexico Gross Receipts and
Compensating Tax Act as it now exists or as it may be amended.[1] The tax imposed under this article is pursuant to the
County Local Option Gross Receipts Taxes Act as it now exists or as
it may be amended[2] and shall be known as the "County fire protection excise
tax."
This article hereby adopts by reference all
definitions, exemptions and deductions contained in the Gross Receipts
and Compensating Tax Act as it now exists or as it may be amended.[1]
[1]
Editor's Note: See NMSA § 7-9-1
et seq.
No County fire protection excise tax shall be
imposed on the gross receipts arising from:
Revenue from the County fire protection excise
tax will be used for the purpose of financing the operational expenses,
ambulance services or capital outlay costs of independent fire districts
or ambulance services provided by the County.
The effective date of the County fire protection
excise tax shall be either January 1 or July 1, whichever date occurs
first after the expiration of three months from the date when the
results of the election are certified to be in favor of this article's
adoption and the adopted ordinance is delivered or mailed to the Taxation
and Revenue Department.
