Nev. Admin. Code § 361.312

Current through December 12, 2024

Section 361.312 - "Imbedded debt cost" defined

"Imbedded debt cost" means the average rate of interest that a company pays for its long-term debt. Basically, it is the amount of the total interest paid on long-term debt during the year divided by the face value of the long-term debt outstanding at the end of the year.

Nev. Admin. Code § 361.312

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

NRS 360.090, 361.320