Nevada Administrative Code (Last Updated: January 6, 2015)

NAC680B.200. Illustration of proper application of NRS 680B.032.

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The following example is given to illustrate the proper application of NRS 680B.032. If an insurer writes $500,000 of net direct premiums and net direct considerations during the quarter that runs from January 1 to March 31 of a calendar year and the insurer is required to file quarterly reports and make quarterly payments pursuant to the provisions of NRS 680B.032, the insurer shall file its quarterly report and make its quarterly payment of taxes on that $500,000 by April 30 of that same calendar year.

(Added to NAC by Tax Comm’n by R006-98, eff. 11-20-98)

                    
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