A taxpayer shall use the same accounting methods for reporting income for corporate income tax purposes as are used in reporting income for federal income tax purposes. History: 1978 Comp., § 7-2A-11, enacted by Laws 1981, ch. 37, § 44; 1986, ch. 20, § 49.
Accounting methods
NMSA 1978, § 7-2A-11 — under Article 2A.
NMSA 1978, § 7-2A-11