Nev. Admin. Code § 361.362

Current through December 12, 2024

Section 361.362 - "Rate of capitalization" defined

"Rate of capitalization" means the ratio of income to value. Such a rate can vary widely in quality depending upon the elements that are included such as interest, recapture, ad valorem taxes and income taxes.

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

NRS 360.090, 361.320