Nevada Administrative Code — Title 32 (Revenue and Taxation)

Nev. Admin. Code § 361.138 — 361.138

NAC 361.138 Reported acquisition cost for leased equipment. ( NRS 360.090 , 360.250 ,
361.227 ) For
leased equipment, the reported acquisition cost is the cost which the user of
the property would incur if the equipment were purchased, less any discount
customarily allowed by a seller.
(Added to NAC by Tax Commn, eff. 10-10-83; A by R034-03,
12-4-2003)

Source: official text