Nev. Admin. Code § 361.16 — 361.16

NAC 361.016    “Depreciation” defined. ( NRS
360.090 , 360.250 )    “Depreciation” means,
except as otherwise provided in NAC 361.266 ,
a loss in the value of improvements or personal property from any cause.
(Added to NAC by Tax Comm’n by R031-03, eff. 8-4-2004;
A by R039-10, 8-13-2010, eff. 7-1-2012)