New Mexico Administrative Code
Title 3 - TAXATION
Chapter 5 - UNIFORM DIVISION OF INCOME FOR TAX PURPOSES
Part 15 - DETERMINATION OF COMPENSATION FOR INCLUSION IN PAYROLL FACTOR
Section 3.5.15.8 - PAYROLL FACTOR - COMPENSATION PAID IN THIS STATE
Current through Register Vol. 35, No. 18, September 24, 2024
A. Compensation is paid in this state if any one of the following tests, applied consecutively, are met.
B. The term "base of operations" is the place of more or less permanent nature from which the employee starts his work and to which he customarily returns in order to receive instructions from the taxpayer or communications from his customers or other persons or to replenish stock or other materials, repair equipment or perform any other functions necessary to the exercise of his trade or profession at some other point or points. The term "place from which the service is directed or controlled" refers to the place from which the power to direct or control is exercised by the taxpayer.