Statutes > Nevada Statutes > TITLE 32 - REVENUE AND TAXATION > Chapter 375B - Generation-Skipping Transfer Tax > GENERAL PROVISIONS > 375B.040 - “Generation-skipping transfer” defined.

375B.040 - “Generation-skipping transfer” defined.

375B.040  “Generation-skipping transfer” defined.  “Generation-skipping transfer” has the meaning ascribed to it in 26 U.S.C. § 2611.

      (Added to NRS by 1989, 1495)

      NRS 375B.050  “Person liable” defined.  The “person liable” for paying the generation-skipping transfer tax is the person having “personal liability” pursuant to 26 U.S.C. § 2603.

      (Added to NRS by 1989, 1495)