Nev. Admin. Code § 360.446 — 360.446

NAC 360.446    Assessment of penalty and interest on tax liability; appeal of
assessment. ( NRS
360.090 , 360.300 )
1.  If the Commission determines that the
taxpayer has made a good faith effort in complying with the requirements set
forth in NAC 360.444 , the Department
shall not assess the penalty and interest set forth in NRS 360.300 on the entire amount of
the tax liability.
2.  If the Commission does not consider the
tax liability of a taxpayer to be voluntarily disclosed pursuant to NAC 360.444 , the Department shall assess
the penalty and interest set forth in NRS
360.300 on the entire amount of the tax liability.
3.  A taxpayer who wishes to dispute the
amount of any penalty or interest assessed by the Department pursuant to
subsection 1 or 2 must file a written petition with the Director within 45 days
after the taxpayer receives a bill from the Department for that amount. The
petition must set forth any information that supports the dispute.
4.  The Commission will review any petition
filed with the Director pursuant to subsection 3 and determine the amount of
any tax, penalty or interest owed by the taxpayer. The Commission will notify
the taxpayer of its decision by registered or certified mail, return receipt
requested.
5.  The taxpayer must file any additional
returns and pay the amount of any tax, penalty or interest that the Commission
determines is owed by the taxpayer pursuant to subsection 4 within 60 days
after he or she receives the notification from the Commission pursuant to
subsection 4.
(Added to NAC by Tax Comm’n by R079-01, eff. 9-20-2002)