Nev. Rev. Stat. § 363B.120 — Partial abatement of tax during initial period of operation of employer

NRS  363B.120    Partial abatement of tax during initial period of operation of
employer.
1.  Except as otherwise provided in NRS 360.750 , an employer that qualifies
pursuant to the provisions of NRS 360.750
is entitled to an exemption of 50 percent of the amount of tax otherwise due
pursuant to NRS 363B.110 during the
first 4 years of its operation.
2.  If a partial abatement from the taxes
otherwise due pursuant to NRS 363B.110
is approved by the Office of Economic Development pursuant to NRS 360.750 , the partial abatement must be
administered and carried out in the manner set forth in NRS 360.750 .