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 payment of state generation-skipping transfer taxes.

2.

The tax imposed by subsection 1 is reduced by the apportioned amount of the generation-skipping transfer taxes collected by another state.

Source: Section 375B.100 — Amount of tax imposed., https://www.­leg.­state.­nv.­us/NRS/NRS-375B.­html#NRS375BSec100.

Last Updated

Feb. 5, 2021

§ 375B.100’s source at nv​.us