Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter361 Property Tax |
ASSESSMENTS BY COUNTY ASSESSORS |
Determination of Taxable Value of Personal Property |
NAC361.1351. “Acquisition cost” and “original cost” defined.
Latest version.
- “Acquisition cost” or “original cost” means the actual cost of property to its present owner, including, without limitation, the costs of transportation and the costs of installation.
(Added to NAC by Tax Comm’n by R034-03, eff. 12-4-2003)