Nev. Rev. Stat. § 362.110 — Annual statement of gross yield and claimed net proceeds; annual list of lessees

NRS  362.110    Annual statement of gross yield and claimed net proceeds; annual
list of lessees.
1.  Every person extracting any mineral in
this State or receiving any royalty:
(a) Shall, on or before February 16 of each year,
file with the Department a statement showing the gross yield and claimed net
proceeds from each geographically separate operation where a mineral is
extracted by that person during the calendar year immediately preceding the
year in which the statement is filed.
(b) May have up to 30 days after filing the
statement required by paragraph (a) to file an amended statement.
2.  The statement must:
(a) Show the claimed deductions from the gross
yield in the detail set forth in NRS 362.120 .
The deductions are limited to the costs incurred during the calendar year
immediately preceding the year in which the statement is filed.
(b) Be in the form prescribed by the Department.
(c) Be verified by the manager, superintendent,
secretary or treasurer of the corporation, or by the owner of the operation,
or, if the owner is a natural person, by someone authorized in his or her
behalf.
3.  Each recipient of a royalty as
described in subsection 1 shall annually file with the Department a list
showing each of the lessees responsible for taxes due in connection with the
operation or operations included in the statement filed pursuant to subsections
1 and 2.