Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE32 REVENUE AND TAXATION |
CHAPTER375A. Tax on Estates |
IMPOSITION, PAYMENT AND COLLECTION OF TAX |
General Provisions |
NRS375A.025. “Federal credit” defined.
Latest version.
- “Federal credit” means the maximum amount of the credit against the federal estate tax for state death taxes allowed by 26 U.S.C. § 2011, in respect to a decedent’s taxable estate.
(Added to NRS by 1987, 2100)