Taxes applied to corporations on federal areas

NMSA 1978, § 7-2A-7 — under Article 2A.

NMSA 1978, § 7-2A-7

To the extent permitted by law, no corporation shall be relieved from liability for corporate income tax or corporate franchise tax by reason of receiving income from transactions occurring or work or services performed within a federal area. History: 1978 Comp., § 7-2A-7, enacted by Laws 1981, ch. 37, § 40; 1986, ch. 20, § 39.