N.M. Admin. Code § 3.13.7.11

Current through Register Vol. 36, No. 1, January 14, 2025
Section 3.13.7.11 - VALUE OF QUALIFIED "MANUFACTURING EQUIPMENT"

The value of qualified manufacturing equipment shall be the adjusted basis established for the equipment under the applicable provisions of the Internal Revenue Code of 1986.

N.M. Admin. Code § 3.13.7.11

3.13.7.11 NMAC - N, 12/31/08