Nev. Admin. Code § 361.138

Current through June 11, 2024

Section 361.138 - Reported acquisition cost for leased equipment

For leased equipment, the reported acquisition cost is the cost which the user of the property would incur if the equipment were purchased, less any discount customarily allowed by a seller.

Added to NAC by Tax Comm'n, eff. 10-10-83; A by R034-03, 12-4-2003

NRS 360.090, 360.250, 361.227