Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter361 Property Tax |
PARTIAL ABATEMENT OF TAXES |
Improvement to or Change in Actual or Authorized Use of Property |
NAC361.610415. “Industrial use” defined.
Latest version.
- “Industrial use” means the current employment of property for the purpose of:
1. Manufacturing, assembly, processing, fabricating, machining or warehousing; or
2. Extracting sand and gravel, unless the net proceeds thereof are subject to taxation pursuant to chapter 362 of NRS.
(Added to NAC by Tax Comm’n by R109-08, eff. 12-17-2008)