Nevada Administrative Code
Chapter 362 - Taxes on Patented Mines and Proceeds of Minerals
PROCEEDS OF MINERALS
Geothermal Resources
Section 362.360 - "Processing allowance" defined
Universal Citation: NV Admin Code 362.360
Current through September 16, 2024
"Processing allowance" means any cost associated with converting a geothermal resource into any electricity, heat or other by-product. The term includes, without limitation, any cost associated with an activity occurring after the completion of all mining functions but before the processed product is transported to a market for the product.
Added to NAC by Tax Comm'n by R012-07, eff. 10-31-2007
NRS 360.090, 362.120
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