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 imposed by 26 U.S.C. § 2601 is due. (Added to NRS by 1989, […]
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 and maintain the rate of interest for late payments at the […]
NRS 375B.030 – “Federal credit” defined.
“Federal credit” means the maximum amount of the credit against the federal generation-skipping transfer tax for state generation-skipping transfer tax allowed by 26 U.S.C. § 2604. (Added to NRS by 1989, 1495)
NRS 375B.040 – “Generation-skipping transfer” defined.
“Generation-skipping transfer” has the meaning ascribed to it in 26 U.S.C. § 2611. (Added to NRS by 1989, 1495)
NRS 375B.050 – “Person liable” defined.
The “person liable” for paying the generation-skipping transfer tax is the person having “personal liability” pursuant to 26 U.S.C. § 2603. (Added to NRS by 1989, 1495)
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 allowable against the federal generation-skipping transfer tax for the […]
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 a situs in Nevada must be determined in the following manner: 1. For the purpose of apportioning the federal credit, the gross value of the property […]
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 or a United States gift and generation-skipping transfer tax return shall file with the Department on or before the date the United States tax return is required […]
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 transfer tax return, the filing required by NRS 375B.150 must be similarly extended until the end of the period granted in the […]
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 or she shall immediately file with the Department a true copy of the amended United States tax return. If the person liable for […]