Nev. Rev. Stat. § 361.235 — Assessment of corporate stock and property of partnership; taxation of corporate property

NRS  361.235    Assessment of corporate stock and property of partnership;
taxation of corporate property.
1.  The owner or holder of any stock in any
firm, incorporated company or association, the entire capital of which is
invested in property which is assessed, or the capital of which is assessed,
shall not be assessed individually for his or her stock in such company or
association, nor shall any person having an interest in any partnership or firm
be individually assessed for the partnership or firm property, if such property
is assessed to the partnership or firm.
2.  The property of every firm,
incorporated company or association shall be taxed in the county wherein the
same is situated. Whenever any portion of the property of any such company
shall be assessed and taxed in the county wherein the same is located, then
upon presentation at the principal office of such company of the certificate or
receipt of the tax collector of that county that such taxes have been paid in
another county, the same shall be deducted at the principal office from the
aggregate amount of taxes imposed upon or paid by the company, for the same
property, in the county wherein the principal office of the company is
situated.