NRS362.240. Penalty for false statements. [Effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.]

      1.  If any person verifies under oath to the truthfulness of a statement required by NRS 362.100 to 362.240, inclusive, that is false in any material respect, the person shall pay a penalty of not more than 15 percent of the amount of the tax due as a result of the violation.

      2.  The Executive Director shall determine the amount of the penalty imposed against the person, and the penalty becomes a debt due the State of Nevada.

      3.  Any person against whom a penalty is imposed pursuant to this section may appeal from the imposition of the penalty to the Nevada Tax Commission by filing a notice of appeal in accordance with the requirements set forth in NRS 360.245.

      [8:77:1927; NCL § 6585]—(NRS A 1975, 1680; 2013, 3134, effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election)