# N.M. Stat. § 7-9-3.3: Definition; engaging in business

> New Mexico · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.3

## Section

- **Citation:** N.M. Stat. § 7-9-3.3
- **Heading:** Definition; engaging in business
- **Jurisdiction:** New Mexico
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NM_STATUTES Code / Chapter 7 / Article 9 / Section 7-9-3.3

## Text

As used in the Gross Receipts and Compensating Tax Act, “ engaging in business ” means carrying on or causing to be carried on any activity with the purpose of direct or indirect benefit. For a person who lacks physical presence in this state, including a marketplace provider, “ engaging in business ” means having, in the previous calendar year, total taxable gross receipts from sales, leases and licenses of tangible personal property, sales of licenses and sales of services and licenses for use of real property sourced to this state pursuant to Section 7-1-14 NMSA 1978 , of at least one hundred thousand dollars ($100,000).

## Nearby sections

- [N.M. Stat. § 7-9-1 § 7-9-1. Short title](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-1.md)
- [N.M. Stat. § 7-9-1 § 7-9-1. Short title](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-1.md)
- [N.M. Stat. § 7-9-2 § 7-9-2. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-2.md)
- [N.M. Stat. § 7-9-2 § 7-9-2. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-2.md)
- [N.M. Stat. § 7-9-3 § 7-9-3. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.md)
- [N.M. Stat. § 7-9-3 § 7-9-3. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-3.md)
- [N.M. Stat. § 7-9-3.2 § 7-9-3.2. Additional definition](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.2.md)
- [N.M. Stat. § 7-9-3.2 § 7-9-3.2. Additional definition](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-3.2.md)
- [N.M. Stat. § 7-9-3.3 § 7-9-3.3. Definition; engaging in business](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-3.3.md)
- [N.M. Stat. § 7-9-3.3 § 7-9-3.3. Definition; engaging in business](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.3.md)
- [N.M. Stat. § 7-9-3.4 § 7-9-3.4. Definitions; construction, construction materials and construction-related services](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-3.4.md)
- [N.M. Stat. § 7-9-3.4 § 7-9-3.4. Definitions; construction, construction materials and construction-related services](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.4.md)
- [N.M. Stat. § 7-9-3.5 § 7-9-3.5. Definition; gross receipts](https://www.frixlaw.com/law-library/statutes/STATE_NM_C7_A9_S7-9-3.5.md)
- [N.M. Stat. § 7-9-3.5 § 7-9-3.5. Definition; gross receipts](https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.5.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NM_STATUTES_C7_A9_S7-9-3.3. Check the current official text before relying on it. Not legal advice.