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2019 New Mexico Statutes
Chapter 7 - Taxation
Article 4 - Division of Income for Tax Purposes
Section 7-4-8 - Allocation of interest and dividends.
Universal Citation: NM Stat § 7-4-8 (2019)
Interest and dividends are allocable to this state if the taxpayer's commercial domicile is in this state.
History: 1953 Comp., § 72-15A-23, enacted by Laws 1965, ch. 203, § 8.
ANNOTATIONSEffective dates. — Laws 1965, ch. 203, § 22 made Laws 1965, ch. 203, § 8 effective January 1, 1966.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 71 Am. Jur. 2d State and Local Taxation §§ 664, 665, 667, 677, 680.
84 C.J.S. Taxation §§ 227, 231 to 234, 237.
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