Nev. Admin. Code § 372.920 - Applicability

1. Except as otherwise provided in subsection 2, the provisions of:

(a) NAC 372.922 to 372.932, inclusive:

(1) Apply to tangible personal property purchased on or before June 15, 2005, for lease or rental in this State; and

(2) Do not apply to tangible personal property purchased after June 15, 2005, for lease or rental in this State.

(b) NAC 372.934 to 372.946, inclusive:

(1) Apply to tangible personal property purchased after June 15, 2005, for lease or rental in this State; and

(2) Do not apply to tangible personal property purchased on or before June 15, 2005, for lease or rental in this State.

2. If a person engaged in the lease or rental of tangible personal property acquired by that person after June 15, 2005, and before November 25, 2009, has complied with the provisions of NAC 372.922 to 372.932, inclusive, with respect to that property before November 25, 2009, the provisions of NAC 372.922 to 372.932, inclusive, apply to that property and the provisions of NAC 372.934 to 372.946, inclusive, do not apply to that property.

Notes

Nev. Admin. Code § 372.920

Added to NAC by Tax Comm'n by R105-09, eff. 11-25-2009

NRS 360.090, 360B.110, 372.725