{"data":{"id":"us-nm/7-1-15.1","jurisdiction":"us-nm","citation":"7-1-15.1","heading":"Secretary may permit or require rounding.","body":"By regulation or instruction, the secretary may permit or require rounding to the nearest whole dollar of an amount due pursuant to the Income Tax Act [Chapter 7, Article 2 NMSA 1978] or the Corporate Income and Franchise Tax Act [Chapter 7, Article 2A NMSA 1978];, and to the nearest five cents ($.05) of an amount due pursuant to all other taxes administered by the department pursuant to Section 7-1-2 NMSA 1978.","path":["Chapter 7 - Taxation","ARTICLE 1 Administration"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"46150973ff3dbeab2adb0a9e6179e6e2d3e9eafe1b6bf7c13f68f31870241227","source_id":"us-nm","stale":false,"prev":"us-nm/7-1-15","next":"us-nm/7-1-15.2"},"notice":"GroundRules: Original legal text. Not legal advice."}