Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 362.115 — Annual statement of estimated gross yield, net proceeds and royalties; use of statement
NRS 362.115 Annual statement of estimated gross yield, net proceeds and
royalties; use of statement.
1. In addition to the statement required
by subsection 1 of NRS 362.110 , each
person extracting any mineral in this State shall, on or before March 1 of each
year, file with the Department a statement showing the estimated gross yield
and estimated net proceeds from each such operation for the entire current
calendar year and an estimate of all royalties that will be paid during the
current calendar year.
2. The Department shall:
(a) Use the statement filed pursuant to
subsection 1 only to prepare estimates for use by local governments in the
preparation of their budgets; and
(b) Submit those estimates to the local
governments on or before March 15 of each year.
Source: official text