Nev. Admin. Code § 374.5 — 374.5

NAC 374.005    Trade-in allowances. ( NRS 360.090 , 374.030 , 374.070 , 374.725 )    The amount upon which the
tax is computed includes any allowance for property which is traded in. If the
Nevada Tax Commission finds that an allowance stated in an agreement is less
than the fair market value, the allowance actually agreed upon shall be deemed
the market value.
[Tax Comm’n, Combined Sales and Use Tax Ruling No. 38,
eff. 3-1-68]—(Substituted in revision for NAC 372.060)