Nev. Rev. Stat. § 360A.100 — Determination of amount due by Department; imposition of penalty and interest

NRS  360A.100    Determination of amount due by Department; imposition of penalty
and interest.    Except as otherwise
provided in NRS 366.395 :
1.  If a person fails to file a return or
the Department is not satisfied with the return of any tax or fee required to
be paid to the Department pursuant to chapter 365 ,
366 or 373 of
NRS or NRS 445C.330 or 590.120 , the Department may determine the
amount required to be paid upon the basis of:
(a) The facts contained in the return;
(b) Any information that is in the possession of
the Department or may come into its possession; or
(c) Reasonable estimates of the amount.
2.  One or more deficiency determinations
may be made with respect to the amount due for one or more periods.
3.  In making its determination of the
amount required to be paid, the Department shall impose a penalty and interest
on the amount of tax or fee determined to be due, calculated at the rate and in
the manner set forth in NRS 360A.060 .
4.  If a business is discontinued, a
determination may be made at any time thereafter within the period prescribed
in NRS 360A.150 concerning liability
arising out of that business, irrespective of whether the determination is
issued before the due date of the liability.