Nev. Admin. Code § 361.608 — 361.608

NAC 361.608    Calculation of amount of abatement: Applicable amount of tax levy
for immediately preceding year and current year. ( NRS 360.090 , 361.4722 ,
361.4723 ,
361.4724 )    For the
purpose of calculating the amount of any general abatement, primary residential
abatement or residential rental abatement for the current year, the amount of
the tax levy that would have resulted for the immediately preceding year
without the application of any other tax abatements or exemptions must be
compared to the tax levy that would result for the current year without the
application of any other tax abatements or exemptions.
(Added to NAC by Tax Comm’n by R011-06, eff. 5-4-2006)