Nev. Rev. Stat. § 360.294 — Waiver of taxes, penalties and interest owed by taxpayers who rely on certain advice, opinions or audits

NRS  360.294    Waiver of taxes, penalties and interest owed by taxpayers who
rely on certain advice, opinions or audits.
1.  Except as otherwise provided in
subsection 2, upon proof that a taxpayer has relied to his or her detriment on
written advice provided to the taxpayer by an officer, agent or employee of the
Department or on an opinion of the Attorney General:
(a) The Department may waive any tax, penalty and
interest owed by the taxpayer if the taxpayer meets the criteria adopted by
regulation by the Nevada Tax Commission pursuant to NRS 360.093 ; and
(b) If a waiver is granted pursuant to paragraph
(a), the Department shall prepare and maintain on file a statement which
contains:
(1) The reason for the waiver;
(2) The amount of the tax, penalty and
interest owed by the taxpayer;
(3) The amount of the tax, penalty and
interest waived by the Department; and
(4) The facts and circumstances which led
to the waiver.
2.  Upon proof that a taxpayer has in good
faith collected or remitted taxes imposed pursuant to the provisions of this
title that are administered by the Department, in reliance upon written advice
provided by an officer, agent or employee of the Department, an opinion of the
Attorney General or the Nevada Tax Commission, or the written results of an
audit of his or her records conducted by the Department, the taxpayer may not
be required to pay delinquent taxes, penalties or interest if the Department
determines after the completion of a subsequent audit that the taxes he or she
collected or remitted were deficient.

PAYMENT OF TAXES AND FEES