Section 7-5A-3 - Definitions.
7-5A-3. Definitions.
As used in the Streamlined Sales and Use Tax Administration Act:
A. "agreement" means the streamlined sales and use tax agreement;
B. "certified automated system" means software certified jointly by member states to:
(1) calculate the sales tax imposed by each jurisdiction on a transaction;
(2) determine the amount of tax to remit to the appropriate state; and
(3) maintain a record of the transaction;
C. "certified service provider" means an agent that performs all of the sales tax functions of a seller and that is certified jointly by member states to perform all of the sales tax functions of the seller;
D. "member state" means a state of the United States that enters into the agreement with another state and the District of Columbia if it enters into the agreement with another state;
E. "person" means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation and any other legal entity;
F. "sales tax" means the gross receipts tax levied pursuant to the Gross Receipts and Compensating Tax Act [7-9-1 NMSA 1978] or a tax imposed by a state on the sale of goods or services;
G. "seller" means a person making sales, leases and rentals of personal property and services; and
H. "use tax" means the compensating tax levied pursuant to the Gross Receipts and Compensating Tax Act.