2015 New Mexico Statutes
Chapter 7 - Taxation
Section 2A Corporate Income and Franchise Tax
Section 7-2A-7 Taxes applied to corporations on federal areas.

NM Stat § 7-2A-7 (2015) What's This?

7-2A-7. Taxes applied to corporations on federal areas.

To the extent permitted by law, no corporation shall be relieved from liability for corporate income tax or corporate franchise tax by reason of receiving income from transactions occurring or work or services performed within a federal area.

History: 1978 Comp., 7-2A-7, enacted by Laws 1981, ch. 37, 40; 1986, ch. 20, 39.

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