N.M. Stat. § 7-2A-11

Current through 2024, ch. 69

Section 7-2A-11 - Accounting methods

A taxpayer shall use the same accounting methods for reporting income for corporate income tax purposes as are used in reporting income for federal income tax purposes.

NMS § 7-2A-11

1978 Comp., § 7-2A-11, enacted by Laws 1981, ch. 37, § 44; 1986, ch. 20, § 49.