Nev. Rev. Stat. § 375B.180

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 375B.180 - Determination of tax due: Person liable to give notice of determination; additional tax; acceptance of determination by United States

1. Upon final determination of the federal generation-skipping transfer tax due, the person liable for the tax shall, within 60 days after that determination, give written notice of it to the Department. If any additional tax is due under NRS 375B.100 by reason of this determination, the person liable for the tax shall pay the tax, together with interest as provided in NRS 375B.250, at the same time he or she files the notice.

2. The State of Nevada shall accept the determination by the United States of the amount of the generation-skipping transfer without further audit.

NRS 375B.180

Added to NRS by 1989, 1496