US lawNew MexicoStatutesChapter 7Article 2A7-2A-5.1N.M. Stat. § 7-2A-5.1Corporate franchise tax amount.Last amended: 1992Year: 2026Length: 26 wordsOfficial source The corporate franchise tax amount imposed on a corporation by Section 7-2A-3 NMSA 1978 shall be fifty dollars ($50.00) per taxable year or any fraction thereof.PreviousN.M. Stat. § 7-2A-5NextN.M. Stat. § 7-2A-6