Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE32 REVENUE AND TAXATION |
CHAPTER361. Property Tax |
ASSESSMENT |
Exemption of Fine Art for Public Display |
NRS361.187. Applicability of exemption to owner of leased art.
Latest version.
- The exemption provided in paragraph (j) of subsection 1 of NRS 361.068 applies to taxes on personal property otherwise due from the owner of a work of fine art that is leased to a person who publicly displays the work. The price or value to which that section refers is the price or value of the work that is leased.
(Added to NRS by 1999, 3198)