Nev. Admin. Code § 361.234

Current through December 12, 2024

Section 361.234 - "Book depreciation" defined

"Book depreciation" means the total accruals recorded on the books of the owner of property summarizing the systematic and periodic expenses charged toward amortizing the investment of limited-life property over its expected life.

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

NRS 360.090, 361.320