Nev. Admin. Code § 360.444 — 360.444

NAC 360.444    Circumstances under which Commission will not consider tax
liability as being voluntarily disclosed. ( NRS
360.090 )    The
Commission will not consider the tax liability of a taxpayer as being
voluntarily disclosed if, after filing an application for voluntary disclosure
pursuant to NAC 360.440 , the taxpayer:
1.  Within 90 days after the taxpayer has
received a copy of the approved application, fails to file with the Department
the delinquent tax returns for the tax owed for the period being disclosed or,
if the period being disclosed exceeds 8 years, for the 8 years immediately
preceding the date the application was filed pursuant to NAC 360.440 ;
2.  Within 90 days after the taxpayer has
received a copy of the approved application, fails to pay any tax owed for the
period described in subsection 1;
3.  Fails to make a good faith effort to
comply with the applicable provisions of chapter
360 , 362 , 363C , 369 ,
370 , 372 ,
372A , 374 , 377 ,
377A or 444A of NRS, NRS 482.313 , or chapter 585 or 680B of NRS, including, without
limitation, registering with the Department, filing tax returns, paying any tax
liability and remitting any taxes collected; or
4.  Fails to provide an accurate estimate of
his or her tax liability in the application for voluntary disclosure filed
pursuant to NAC 360.440 . The taxpayer
shall be deemed to have provided an inaccurate estimate of his or her tax
liability if:
(a) The tax liability provided in the application
for voluntary disclosure is less than the taxpayer’s actual tax liability by 10
percent or more; and
(b) The taxpayer is unable to demonstrate to the
Department that he or she made a good faith effort to report accurately his or
her tax liability in the application for voluntary disclosure.
(Added to NAC by Tax Comm’n by R079-01, eff. 9-20-2002;
A by R110-12, 11-1-2012; R123-15, 6-28-2016)