Section 361.1432 - Certain aircraft owned by certain foreign air carriers do not acquire taxable situs in this State1. Notwithstanding the provisions of NAC 361.1428, an aircraft that is owned by a foreign air carrier, based and registered outside of the United States and used exclusively in international commerce shall be deemed not to have taxable situs in this State. 2. As used in this section, "foreign air carrier" means any person, other than a citizen of the United States, who undertakes directly, by lease or other arrangement, to engage in air transportation.Nev. Admin. Code § 361.1432
Added to NAC by Tax Comm'n by R001-20A, eff. 1/21/2021NRS 360.090, 360.250 and 361.260