Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter362 Taxes on Patented Mines and Proceeds of Minerals |
PROCEEDS OF MINERALS |
Deductions for Reclamation Costs |
NAC362.310. Allowable deduction. [Effective January 1, 2016.]
Latest version.
- A taxpayer may claim a deduction pursuant to paragraph (l) of subsection 3 of NRS 362.120 for any money paid during the reporting period for reclamation performed by the taxpayer.
(Added to NAC by Tax Comm’n by R161-05, eff. 2-23-2006; A by R058-11, 12-30-2011, eff. 1-1-2012; R058-11, 12-30-2011, eff. 1-1-2014)