Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 361.248 — 361.248
NAC 361.248 Cash flow, net cash flow or after-tax cash flow defined. ( NRS 360.090 , 361.320 ) Cash
flow, net cash flow or after-tax cash flow means the sum of depreciation
(and depletion, if any) and net income after all expenses, all taxes and
interest on debt. Conversely, it is gross income minus operating expenses,
interest on debt, property taxes and income taxes.
[Tax Commn, Property Tax Reg. part No. 15, eff. 10-30-79]
Source: official text