Nevada Administrative Code
Chapter 363C - Commerce Tax
GENERAL PROVISIONS
Section 363C.110 - "Intangible investments" construed for purposes of NRS 363C.020

For the purposes of the exemption from the commerce tax set forth in paragraph (m) of subsection 2 of section 4 of Senate Bill No. 483, chapter 487, Statutes of Nevada 2015, at page 2878 (NRS 363C.020), the term "intangible investments" includes, without limitation, the intangible investments described in that paragraph and an interest in any entity, including, without limitation, a trust, S corporation, partnership, limited-liability company or other entity in which a person owns an interest, regardless of whether that person controls or participates in the management of the entity in which the person owns an interest.

Added to NAC by Tax Comm'n by R123-15, eff. 6/28/2016

NRS 360.090, 363C.020, 363C.100