Nev. Admin. Code § 361.016

Current through June 11, 2024

Section 361.016 - "Depreciation" defined

"Depreciation" means, except as otherwise provided in NAC 361.266, a loss in the value of improvements or personal property from any cause.

Added to NAC by Tax Comm'n by R031-03, eff. 8-4-2004; A by R039-10, 8-13-2010, eff. 7-1-2012

NRS 360.090, 360.250