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Home › us-nm › STAT › NMSA 1978 › Chapter 7 — Taxation › Article 2 — Income Tax General Provisions › NMSA 1978, § 7-2-21.1

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NMSA 1978, § 7-2-21.1 — Accounting methods

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

Last amended: 1978 Comp., § 7-2-21.1, enacted by Laws 1981, ch. 37, § 32.

Source: official text

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