Nev. Admin. Code § 362.90 — 362.90

NAC 362.090    Report of amount of net proceeds of minerals taxes plus pro rata
penalties and interest; distribution. ( NRS 360.090 , 362.170 )
1.  The Department shall report to the State
Controller pursuant to NRS 362.170
on or before May 25 the amount of any net proceeds of minerals taxes plus pro
rata penalties and interest collected for distribution to each county.
2.  The Department shall distribute penalties
and interest pursuant to NRS 362.170
in the same manner and percentage as computed for the net proceeds of minerals
tax for each county.
(Added to NAC by Tax Comm’n, eff. 9-6-96; A by R048-01,
11-1-2001)
Deductions for Reclamation Costs
REVISER’S NOTE.
The regulation of the Nevada Tax Commission filed with
the Secretary of State on December 30, 2011 (LCB File No. R058-11), which makes
various changes to this chapter on January 1, 2012, and January 1, 2014,
contains the following provisions not included in NAC:
“Sec. 16.  Sections 1 to 6,
inclusive, 9, 11, 12 and 15 of this regulation [creating NAC
362.001 , 362.006 , 362.007 ,
362.008 and 362.035 ,
amending NAC 362.050 , 362.200
and 362.310 , and repealing NAC 362.220 , 362.230 , 362.240 , 362.260 , 362.300 , 362.320 and 362.330 on January 1, 2012]:
1.  Do not apply to or affect any
determination of gross yield or net proceeds required pursuant to NRS 362.100 to 362.240 , inclusive, for the
calendar year 2011.
2.  Apply for the purposes of estimating
and determining gross yield and net proceeds pursuant to NRS 362.100 to 362.240 , inclusive, for the
calendar year 2012 and each calendar year thereafter.
Sec. 17.  Sections 10, 13 and 14 of
this regulation [amending NAC 362.035 , 362.050 and 362.310 on
January 1, 2014]:
1.  Do not apply to or affect any
determination of gross yield or net proceeds required pursuant to NRS 362.100 to 362.240 , inclusive, for the
calendar year 2013.
2.  Apply for the purposes of estimating
and determining gross yield and net proceeds pursuant to NRS 362.100 to 362.240 , inclusive, for the calendar
year 2014 and each calendar year thereafter.”