Allocation of interest and dividends.

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Division of Income for Tax Purposes
  5. Allocation of interest and dividends.

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Interest and dividends are allocable to this state if the taxpayer's commercial domicile is in this state.

History: 1953 Comp., § 72-15A-23, enacted by Laws 1965, ch. 203, § 8.

ANNOTATIONS

Effective dates. — Laws 1965, ch. 203, § 22 made Laws 1965, ch. 203, § 8 effective January 1, 1966.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 71 Am. Jur. 2d State and Local Taxation §§ 664, 665, 667, 677, 680.

84 C.J.S. Taxation §§ 227, 231 to 234, 237.


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