Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 360.476 — 360.476
NAC 360.476 Local school support tax: Date of eligibility of machinery or
equipment. ( NRS
360.750 , 374.357 ) If an application is
approved by the Commission for a partial abatement of the taxes imposed
pursuant to chapter 374 of NRS, the
period of abatement begins on the date on which the applicant takes possession
of the first delivery of eligible machinery or equipment at the location
designated in the certificate of eligibility issued by the Commission. Upon
taking possession of such eligible machinery or equipment, the applicant shall
immediately notify the Commission and the Nevada Tax Commission.
(Added to NAC by Tax Commn by R109-01, eff. 5-13-2002)
Source: official text