Albuquerque, NM asked in Tax Law, Agricultural Law, Arbitration / Mediation Law and Business Law for New Mexico

Q: In the case of Agricultural Deductions 7-9-58 for auctioneers will this just cover the buying and selling of livestock?

A truck driver is exempt for hauling feed for live stock under this code. Will the the truck driver be exempt when hauling to and from the auction?

1 Lawyer Answer
James L. Arrasmith
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
  • Tax Law Lawyer
  • Sacramento, CA

A: The specific Agricultural Deductions code you're referring to seems to be designed to provide tax benefits for activities directly related to agriculture, such as the buying and selling of livestock. In the context of auctioneers, this would typically cover transactions involving livestock.

As for a truck driver hauling feed for livestock, their exemption under this code likely hinges on whether their activities are considered an essential part of agricultural operations. Hauling feed directly to farms for livestock is clearly within the scope of agricultural activities.

However, when it comes to hauling to and from auctions, the exemption may depend on how closely tied these activities are to the direct agricultural process. If the transport is seen as a critical part of the agricultural business, like delivering livestock to or from an auction, it might fall under the exemption.

Given the nuanced nature of tax codes, it's advisable to consult with a tax advisor or legal counsel who can analyze the specifics of the truck driver's role in relation to the agricultural process. They can provide a more detailed interpretation of how the code applies in different hauling scenarios.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.