New Mexico Statutes

§ 7-4-3 — Allocation and apportionment of income in general

New Mexico·Ch. 7 Taxation·Art. 4 Division of Income for Tax Purposes
Except as otherwise provided by law any taxpayer having income which is taxable both within and without this state, other than the rendering of purely personal services by an individual shall allocate and apportion his net income as provided in the Uniform Division of Income for Tax Purposes Act.

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Legislative History

1953 Comp., § 72-15A-18, enacted by Laws 1965, ch. 203, § 3; 1981, ch. 37,

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