Title 32

NRS 375B.100 Amount of tax imposed. 1. Except as otherwise provided in subsection 2, a tax is hereby imposed on the generation-skipping transfer other than a direct skip, that occurs at the same time as and as a result of the death of a person in the amount of the maximum credit …

NRS 375B.110 Determination of federal credit attributable to certain property situated in Nevada. If the generation-skipping transfer includes property having a situs in this State and in another state the portion of the federal credit which is attributable to the property having…

NRS 375B.150 Return: Person liable for payment required to file; time for filing; regulations. 1. The person liable for paying the generation-skipping transfer tax imposed by NRS 375B.100 who is required to file a United States estate and generation-skipping transfer tax return o…

NRS 375B.160 Return: Extension of time for filing. If the person liable for the generation-skipping transfer tax has obtained an extension of time for filing the United States estate and generation-skipping transfer tax return or the United States gift and generation-skipping tra…

NRS 375B.170 Filing of amended return; additional tax. If the person liable for the generation-skipping transfer tax files an amended United States estate and generation-skipping transfer tax return or an amended United States gift and generation-skipping transfer tax return, he …

NRS 375B.180 Determination of tax due: Person liable to give notice of determination; additional tax; acceptance of determination by United States. 1. Upon final determination of the federal generation-skipping transfer tax due, the person liable for the tax shall, within 60 days…

NRS 375B.190 Penalty for failure to file timely return; waiver. If the return required by NRS 375B.150 is not filed within the time specified in that section or the extension specified in NRS 375B.160, the person liable for the tax shall pay, except as otherwise provided in NRS 3…

NRS 375B.200 Determination of tax upon failure to file return or upon filing of false or fraudulent return. In the case of a false or fraudulent return or failure to file a return, the Department may determine the tax at any time. (Added to NRS by 1989, 1497)

NRS 375B.210 Determination of deficiency: Generally. 1. In a case not involving a false or fraudulent return or failure to file a return, if the Department determines at any time after the tax is due, but not later than 4 years after the return is filed unless a longer period is …

NRS 375B.220 Determination of deficiency: Correction of erroneous determination. If a deficiency has been determined in an erroneous amount, the Department may, within 3 years after the erroneous determination was made, set aside the determination or issue an amended determinatio…

NRS 375B.230 Determination of deficiency: Appeal; action for modification of tax; notice of determination. 1. If it is claimed that a deficiency has been determined in an erroneous amount, any person who is liable for the tax may appeal the determination to the Nevada Tax Commiss…

NRS 375B.240 Liability for tax; time for payment. The tax imposed by NRS 375B.100: 1. Must be paid by the person liable for the tax. Liability for payment of the tax continues until the tax is paid. 2. Is due on or before the date the federal generation-skipping transfer tax impo…

NRS 375B.250 Interest on delinquent payments. 1. Except as otherwise provided in NRS 360.232 and 360.320, if the tax is paid after the due date, the tax bears interest at the rate set by the Executive Director, from the due date of the return. 2. The Executive Director shall set …

NRS 375B.260 Payment to be applied to interest, penalty and tax. Every payment received by the Department on the tax imposed by NRS 375B.100 must be applied: 1. To any interest due on the tax; 2. To any penalty; and 3. If there is any balance, to the tax itself, Ê in that order. …

NRS 375B.270 Bond for payment of tax. 1. If any person who is liable for the tax fails to pay any portion of the tax imposed by NRS 375B.100 on or before the date the tax is due, he or she must, on motion of the Department, be required by the district court having jurisdiction ov…

NRS 375B.280 Refund of overpayment. 1. Whenever the Department determines that an overpayment of the tax due pursuant to NRS 375B.100 has been made, the person who made payment or his or her estate is entitled to a refund of the amount erroneously paid on presentation of proof sa…

NRS 375B.300 Action to enforce claim for tax. The State may enforce its claim for any tax imposed by NRS 375B.100 and enforce the lien of the tax by a civil action in any court of competent jurisdiction against any person liable for the tax or against any property subject to the …

NRS 375B.310 Lien for unpaid tax, interest or penalty; expiration and extinguishment of lien. 1. The tax imposed by NRS 375B.100 becomes a lien upon the generation-skipping transfer on the date of the transfer and remains as such until the tax, interest and penalties owed to the …

NRS 375B.320 Warrant for enforcement of lien; levy and sale. At any time within 10 years after a person is delinquent in the payment of any tax imposed pursuant to NRS 375B.100 or the interest or penalty thereon, or within 10 years after the last recording or filing of a notice o…

NRS 375B.330 Fees, commissions and expenses for enforcement of lien. 1. The Department may pay or advance to the sheriff the same fees, commissions and expenses for his or her services as are provided by law for similar services pursuant to a writ of execution. The Department, an…

NRS 375B.340 Writ of execution for enforcement of judgment. 1. At any time after the tax imposed by NRS 375B.100 is delinquent, the Department may have a writ of execution issued for the enforcement of any judgment rendered in respect to the tax. 2. The writ must be executed agai…

NRS 375B.350 Time for commencement of proceedings for collection. Proceedings for the collection of any tax imposed by NRS 375B.100 may be commenced at any time after the tax is due and within 10 years after the time a determination of deficiency is issued. (Added to NRS by 1989,…

NRS 375B.360 Certificate by Department prima facie evidence in proceeding for collection. In any proceeding for the enforcement of the tax imposed by NRS 375B.100 a certificate by the Department showing the amount due is prima facie evidence of: 1. The imposition of the tax; 2. T…

NRS 375B.370 Action to prevent or enjoin collection of tax barred. No injunction or other legal or equitable process must issue in any suit, action or proceeding in any court against this state or any officer of this state to prevent or enjoin the collection of any tax imposed by…

NRS 375B.380 Suits for collection in other states authorized; suits for collection by officers of other states authorized. The Department may bring suits in the courts of other states to collect taxes payable under this chapter. An officer of another state which extends a like co…

NRS 375B.390 Remedies of State cumulative; no election of remedies. The remedies of the State for the enforcement of the tax imposed by NRS 375B.100 are cumulative, and no action taken by the Department or any other state officer or agency constitutes an election by the State or …

NRS 375B.400 Deposit, separate accounting and expenditure of proceeds. 1. The Department shall deposit all payments received pursuant to this chapter in the State General Fund. 2. The money deposited in the State General Fund pursuant to subsection 1 must be accounted for separat…

NRS 375B.410 Authorized use of proceeds. The money collected pursuant to the provisions of this chapter must be used only for the purpose of education, to be divided between the common schools and the Nevada System of Higher Education for their support and maintenance. (Added to …