Interest and dividends are allocable to this state if the taxpayer's commercial domicile is in this state.
§ 7-4-8 NMSA 1978
Allocation of interest and dividends
Known as the Uniform Division of Income for Tax Purposes Act
The act spans §§ 7–7 (21 sections).
1953 Comp., § 72-15A-23, enacted by Laws 1965, ch. 203, § 8.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.