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. History: 1978 Comp., § 7-2-21.1, enacted by Laws 1981, ch. 37, § 32.
Accounting methods
NMSA 1978, § 7-2-21.1 — under Article 2.
NMSA 1978, § 7-2-21.1