§ 362.100 Duties of Department. [Effective through June 30, 2023.]
§ 362.100 v2 Duties of Department. [Effective July 1, 2023.]
§ 362.105 ‘Royalty’ defined
§ 362.110 Annual statement of gross yield and claimed net proceeds; annual list of lessees
§ 362.115 Annual statement of estimated gross yield, net proceeds and royalties; quarterly reports; payment of portion of estimated tax liability; use of statement. [Effective through June 30, 2023.]
§ 362.115 v2 Annual statement of estimated gross yield, net proceeds and royalties; use of statement. [Effective July 1, 2023.]
§ 362.120 Computation of gross yield and net proceeds; required reports
§ 362.130 Annual preparation and mailing of certificate by Department; payment of tax due and penalty; overpayments. [Effective through June 30, 2023.]
§ 362.130 v2 Preparation and mailing of certificate of amount of net proceeds and tax due; due date of tax; overpayments. [Effective July 1, 2023.]
§ 362.135 Appeal of certification to State Board of Equalization; payment of tax pending determination of appeal
§ 362.140 Rate of tax upon net proceeds
§ 362.150 Liens for taxes on proceeds of minerals
§ 362.160 When tax becomes delinquent; collection of delinquency, penalty and interest; appeal of imposition of penalty and interest
§ 362.170 Appropriation to county of amount of tax, penalties and interest attributable to extractive operations in county; apportionment by county treasurer; Department to report amount received as tax upon net proceeds of geothermal resources
§ 362.171 Establishment and use of county fund for mitigation; certain school districts authorized to use money apportioned to school district to retire bonds or other obligations of school district
§ 362.175 Procedure for removal of amount of tax and name from records of Department when tax impossible or impractical to collect
§ 362.180 Burden of proof on taxpayer to show certification by Department to be unjust, improper or invalid
§ 362.200 Powers of Department: Examination of records; hearings
§ 362.230 Penalty for failure to file statements
§ 362.240 Penalty for false statements

Terms Used In Nevada Revised Statutes > Chapter 362 > Assessment and Taxation of Net Proceeds of Minerals

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the Department of Taxation. See Nevada Revised Statutes 360.001
  • Executive Director: means the Executive Director of the Department of Taxation. See Nevada Revised Statutes 360.001
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mine: means an excavation in the earth from which ores, coal or other mineral substances are extracted, or a subterranean natural deposit of minerals located and identified as such by the staking of a claim or other method recognized by law. See Nevada Revised Statutes 362.010
  • Mineral: includes oil, gas and other hydrocarbons, but does not include sand, gravel or water, except hot water or steam in an operation extracting geothermal resources for profit. See Nevada Revised Statutes 362.010
  • Oath: A promise to tell the truth.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • population: means the number of people in a specified area as determined by the last preceding national decennial census conducted by the Bureau of the Census of the United States Department of Commerce pursuant to Section 2 of Article I of the Constitution of the United States and reported by the Secretary of Commerce to the Governor pursuant to 13 U. See Nevada Revised Statutes 0.050
  • Testify: Answer questions in court.