Nev. Admin. Code § 361.801 - "Parcel effective incremental value" defined

"Parcel effective incremental value" means:

1. Except as otherwise provided in subsection 2, the remainder obtained by subtracting the parcel share of base value of a parcel or other taxable unit of property from the parcel effective assessed value of that property; or
2. If the remainder determined pursuant to subsection 1 is a negative number, zero.


Nev. Admin. Code § 361.801
Added to NAC by Com. on Local Gov't Finance by R022-08, 4-17-2008, eff. 7-1-2008

NRS 361.4733

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