Nev. Admin. Code § 361.1434 — 361.1434

NAC 361.1434    Claim by owner that taxable value of aircraft is subject to
allocation if aircraft has taxable situs in this State and another state or
country. ( NRS
360.090 , 360.250 , 361.260 )
1.  The owner of an aircraft with taxable
situs in this State may claim that the taxable value of the aircraft is subject
to allocation pursuant to subsection 2 of NAC
361.1436 if the aircraft has taxable situs in this State and in another
state or country. The owner of the aircraft has the burden of proving that the
aircraft has taxable situs in another state or country.
2.  To make a claim pursuant to subsection 1,
the owner of the aircraft must submit to the county assessor sufficient
information to determine whether the aircraft has taxable situs in this State
and in another state or country, including, without limitation:
(a) Records kept in the normal course of business
that indicate the locations to which the aircraft has traveled, the length of
time the aircraft remained at those locations and the purpose of the travel to
those locations, including, without limitation, mileage, flight or maintenance
logs or tie-down receipts;
(b) Actual tax bills or notices of appraisal or
assessment from another jurisdiction; or
(c) Reports filed with state or federal
governmental agencies that indicate the locations to which the aircraft has
traveled, the length of time the aircraft remained at those locations and the
purpose of the travel to those locations.
3.  To determine the taxable situs of an
aircraft, a county assessor may request documentation indicating the domicile
of the owner of the aircraft if such information is relevant to determining the
nature of the physical presence of the aircraft in this State and the intent of
the owner in causing the aircraft to have a physical presence in this State.
Such documentation may include, without limitation, the owner’s:
(a) Utility bills;
(b) Vehicle registration;
(c) Driver’s license or identification card;
(d) Income tax returns; or
(e) Records of property ownership.
(Added to NAC by Tax Comm’n by R001-20, eff. 1-21-2021)