Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter361 Property Tax |
ASSESSMENTS BY COUNTY ASSESSORS |
Determination of Taxable Value of Personal Property |
NAC361.1355. “Costs of installation” defined.
Latest version.
- “Costs of installation” means the costs of direct labor, direct overhead and the capitalized expense of interest or imputed charges for interest which are necessary to make the property operational.
(Added to NAC by Tax Comm’n by R034-03, eff. 12-4-2003)