Nev. Admin. Code § 375A.30 — 375A.30

NAC 375A.030    Conditions governing remittance of tax due, additional tax,
interest and penalty; waiver of penalty. ( NRS
360.090 , 375A.170 , 375A.800 )
1.  A personal representative who has
obtained from the Internal Revenue Service an extension of time for filing Form
706 of the Internal Revenue Service shall remit an estimated amount of tax due
the department pursuant to chapter 375A
of NRS with the copy of the extension filed with the department pursuant to NRS 375A.155 .
2.  If a personal representative who has
obtained from the Internal Revenue Service an extension of time for filing Form
706 of the Internal Revenue Service files Form 706 within the time authorized
in the extension and the personal representative owes additional tax to the
department pursuant to chapter 375A
of NRS, the personal representative shall remit the tax and any interest owed
to the department pursuant to chapter
375A of NRS with the documentation required pursuant to NRS 375A.150 .
3.  If a personal representative who has
obtained from the Internal Revenue Service an extension of time for filing Form
706 of the Internal Revenue Service files Form 706 after the time authorized in
the extension and the personal representative owes additional tax to the
department pursuant to chapter 375A
of NRS, the personal representative shall remit the tax, any interest and any
penalty owed to the department pursuant to chapter 375A of NRS with the
documentation required pursuant to NRS
375A.150 .
4.  If a personal representative fails to
file the return provided for in NRS
375A.150 within the time specified in that section or the extension
specified in NRS 375A.155 ,
his:
(a) Obtaining an extension of time for filing Form
706 of the Internal Revenue Service from the Internal Revenue Service; and
(b) Remitting an estimated amount of tax due the
department pursuant to chapter 375A
of NRS with the copy of the extension filed with the department pursuant to NRS 375A.155 ,
shall be deemed to constitute reasonable cause for the
purposes of NRS 375A.170 and
the personal representative is not required to pay a penalty pursuant to NRS 375A.170 .
5.  The department shall waive the penalty
for failure to file a timely return imposed pursuant to NRS 375A.170 if the personal
representative provides documentation to the department proving that a similar
penalty for failure to file timely the federal estate tax return was waived by
the Internal Revenue Service.
(Added to NAC by Tax Comm’n by R182-99, eff. 5-16-2000)