Nev. Admin. Code § 361.204

Current through December 12, 2024

Section 361.204 - "Accelerated depreciation" defined

"Accelerated depreciation" means the accruing of greater depreciation expense in the early years of a property's life and less in the later years. Two methods of accelerated depreciation are the:

1. Sum of the year's digits method; and

2. Declining balance method.

Nev. Admin. Code § 361.204

Tax Comm'n, Property Tax Reg. part No. 15, eff. 10-30-79

NRS 360.090, 361.320