New Mexico Statutes

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

New Mexico § 7-4-3
JurisdictionNew Mexico
Ch. 7Taxation
Art. 4Division of Income for Tax Purposes

This text of New Mexico § 7-4-3 (Allocation and apportionment of income in general) 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. § 7-4-3 (2026).

Text

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,

Nearby Sections

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Bluebook (online)
New Mexico § 7-4-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-4-3.