§ 377.010 Short title
§ 377.020 Definitions
§ 377.030 County ordinance imposing tax: Enactment; date of imposition of tax
§ 377.040 County ordinance imposing tax: Mandatory provisions
§ 377.050 Remittances to Department; deposits in Sales and Use Tax Account; transfers
§ 377.055 Allocation and deposit of proceeds of basic city-county relief tax
§ 377.057 Distribution of supplemental city-county relief tax
§ 377.060 Redistribution by Department
§ 377.070 Department may act for counties

Terms Used In Nevada Revised Statutes > Chapter 377 - City-County Relief Tax

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Basic city-county relief tax: means that portion of the tax which is levied at the rate of 0. See Nevada Revised Statutes 377.020
  • City: means an incorporated city. See Nevada Revised Statutes 377.020
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • County: includes Carson City. See Nevada Revised Statutes 377.020
  • Department: means the Department of Taxation. See Nevada Revised Statutes 360.001
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: includes a deed of trust. See Nevada Revised Statutes 0.037
  • Personal property: All property that is not real property.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Supplemental city-county relief tax: means the remainder of the tax after subtracting the basic city-county relief tax. See Nevada Revised Statutes 377.020
  • Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
  • Trustee: A person or institution holding and administering property in trust.