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us-nm/statute/chapter-7/article-4 — Division of Income for Tax Purposes · Axiom
Axiom
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New Mexico
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Statutes
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Chapter 7
Division of Income for Tax Purposes
21 sections
7-4-1
Short title.
7-4-2
Definitions.
7-4-3
Allocation and apportionment of income in general.
7-4-4
When taxable in another state.
7-4-5
Allocation of certain nonbusiness income.
7-4-6
Allocation of rents and royalties.
7-4-7
Allocation of capital gains and losses.
7-4-8
Allocation of interest and dividends.
7-4-9
Allocation of patent and copyright royalties.
7-4-10
Apportionment of business income.
7-4-11
Property factor for apportionment of business income.
7-4-12
Valuation of property for inclusion in property factor.
7-4-13
Determination of average value of property for inclusion in property factor.
7-4-14
Payroll factor for apportionment of business income.
7-4-15
Determination of compensation for inclusion in payroll factor.
7-4-16
Sales factor for apportionment of business income.
7-4-17
Determination of sales in this state of tangible personal property for inclusion in sales factor.
7-4-18
Determination of sales in this state of other than tangible personal property for inclusion in sales factor.
7-4-19
Equitable adjustment of standard allocation or apportionment.
7-4-20
Agreements authorized in unusual cases.
7-4-21
Construction of act.
