us-nm/stat

NMSA 1978, § 7-2A-5 — Corporate income tax rates

The corporate income tax imposed on corporations by Section 7-2A-3 NMSA 1978
shall be five and nine-tenths percent of taxable income.

Last amended: 1978 Comp., § 7-2A-5, enacted by Laws 1981, ch. 37, § 38; 1981, ch. 176, § 1; 1983, ch. 213, § 8; 1986, ch. 20, § 36; 1987, ch. 277, § 5; 2013, ch. 160, § 3; 2019, ch. 270, § 18; 2024, ch. 67, § 10.

Source: official text