Nev. Admin. Code § 361.264 — 361.264

NAC 361.264    “Deferred federal income taxes” defined. ( NRS 360.090 , 361.320 )    “Deferred
federal income taxes” means the estimated income tax on the excess of net
revenues, recognized for accounting purposes, over that reported for tax
purposes.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]—(NAC
A 9-30-88)