New Mexico § 7-2A-5 Corporate income tax rates

New Mexico Statutes

§ 7-2A-5 — Corporate income tax rates

New Mexico § 7-2A-5

Ch. 7Taxation

Art. 2ACorporate Income and Franchise Tax

This text of New Mexico § 7-2A-5 (Corporate income tax rates) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 7-2A-5 (2026).

Text

The corporate income tax imposed on corporations by Section 7-2A-3 NMSA 1978 shall be five and nine-tenths percent of taxable income.

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Legislative History

1978 Comp., § 7-2A-5, enacted by Laws 1981, ch. 37, § 38; 1981, ch. 176, §

Nearby Sections

15

§ 7-1-1

Short title

§ 7-1-10

Records required by statute; taxpayer records; accounting

§ 7-1-11

Inspection of books of taxpayers; exception for marketplace

§ 7-1-11.1

Managed audits

§ 7-1-11.2

Required audit notices

§ 7-1-12

Identification of taxpayers

§ 7-1-12.1

Department to designate production unit; index;

§ 7-1-12.2

Notice of identification number assigned; operator may

§ 7-1-13

Taxpayer returns; payment of taxes; extension of time

§ 7-1-13.1

Method of payment of certain taxes due

§ 7-1-13.2

Repealed

§ 7-1-13.3

Repealed

§ 7-1-13.4

Electronic payments; reversals

§ 7-1-14

Reporting location instructions for purposes of reporting

§ 7-1-15

Secretary may set tax reporting and payment intervals

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Bluebook (online)

New Mexico § 7-2A-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-2A-5.