Nev. Admin. Code § 361.608

Current through September 16, 2024

Section 361.608 - Calculation of amount of abatement: Applicable amount of tax levy for immediately preceding year and current year

For the purpose of calculating the amount of any general abatement, primary residential abatement or residential rental abatement for the current year, the amount of the tax levy that would have resulted for the immediately preceding year without the application of any other tax abatements or exemptions must be compared to the tax levy that would result for the current year without the application of any other tax abatements or exemptions.

Added to NAC by Tax Comm'n by R011-06, eff. 5-4-2006

NRS 360.090, 361.4722, 361.4723, 361.4724