Nevada Revised Statutes Section 361.485 - Revenue and Taxation

Duties of tax receiver when taxes paid; certain overpayments not refunded; certain deficiencies not collected.

1. Whenever any tax is paid to the ex officio tax receiver, he shall appropriately record such payment and the date thereof on the tax roll contiguously with the name of the person or the description of the property liable for such taxes, and shall give a receipt for such payment if requested by the taxpayer.

2. If the assessment roll is maintained on magnetic storage files in a computer system, the requirement of subsection 1 is met if the system is capable of producing, as printed output, the assessment roll with the dates of payments shown opposite the name of the person or the description of the property liable for such taxes.

3. If the amount of an overpayment of taxes for personal property is less than the average cost of collecting property taxes in this state as determined by the Nevada Tax Commission, the ex officio tax receiver shall pay the amount of the overpayment into the county treasury, for the benefit of the general fund of the county, unless the taxpayer who made the overpayment requests a refund. All interest paid on money deposited in the account pursuant to this subsection is the property of the county. All requests for refunds under this section must be made within 6 months after the original payment.

4. A deficiency in the amount of a payment of taxes for personal property, other than a payment for a penalty, must be exempted from collection if the amount of the deficiency is less than the average cost of collecting property taxes in this state as determined by the Nevada Tax Commission.

Last modified: February 27, 2006