us-nm/stat
NMSA 1978, § 7-4-9 — Allocation of patent and copyright royalties
A.
Patent and copyright royalties are allocable to this state:
(1) if and to the extent that the patent or copyright is utilized by the payer in
this state; or
(2) if and to the extent that the patent or copyright is utilized by the payer in a
state in which the taxpayer is not taxable and the taxpayer's commercial domicile is in
this state.
B.
A patent is utilized in a state to the extent that it is employed in production,
fabrication, manufacturing, or other processing in the state or to the extent that a
patented product is produced in the state. If the basis of receipts from patent royalties
does not permit allocation to states or if the accounting procedures do not reflect states
of utilization, the patent is utilized in the state in which the taxpayer's commercial
domicile is located.
C.
A copyright is utilized in a state to the extent that printing or other publication
originates in the state. If the basis of receipts from copyright royalties does not permit
allocation to states or if the accounting procedures do not reflect states of utilization, the
copyright is utilized in the state in which the taxpayer's commercial domicile is located.
Source: official text