N.M. Admin. Code § 3.15.100.9
Current through Register Vol. 35, No. 21, November 5, 2024
Each member of a combined group of unitary corporations and each member of a consolidated group of corporations shall be subject individually to the franchise tax imposed by Section 7-2A-5.1 NMSA 1978 even though a combined or consolidated state corporate income tax return is filed by the combined or consolidated group.
N.M. Admin. Code § 3.15.100.9