Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 2 - Income Tax General Provisions, 7-2-1 through 7-2-36. > Section 7-2-21 - Fiscal years permitted.

Section 7-2-21 - Fiscal years permitted.

7-2-21. Fiscal years permitted.

Any individual who files income tax returns under the Internal Revenue Code on the basis of a fiscal year shall report income under the Income Tax Act on the same basis.