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 7-24-15 - Administrative charge.

Section 7-24-15 - Administrative charge.

7-24-15. Administrative charge.

The department may deduct an amount not to exceed five percent of the proceeds of a local liquor excise tax as a charge for the administrative costs of collection, which amount shall be retained by the department for use in administration of the Local Liquor Excise Tax Act [7-24-8 NMSA 1978].