{"data":{"id":"us-nv/nrs-375b.110","jurisdiction":"us-nv","citation":"NRS 375B.110","heading":"Determination of federal credit attributable to certain property situated in Nevada.","body":"If the generation-skipping transfer includes property having a situs in this State and in another state the portion of the federal credit which is attributable to the property having a situs in Nevada must be determined in the following manner:\n1. For the purpose of apportioning the federal credit, the gross value of the property must be that value finally determined for the purposes of the federal generation-skipping transfer tax.\n2. The federal credit must be multiplied by the percentage which the gross value of property having a situs in Nevada bears to the gross value of the entire transfer which is subject to federal generation-skipping transfer tax.\n3. The product determined pursuant to subsection 2 is the portion of the federal credit which is attributable to property having a situs in Nevada.","path":["TITLE 32 — REVENUE AND TAXATION","CHAPTER 375B - GENERATION-SKIPPING TRANSFER TAX","PAYMENTS AND DETERMINATIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-375B.html#NRS375BSec110","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:38Z","sha256":"6227418d2bc9bb158db06028232808c3d2005001047070e9b0ad4917181c5d7e","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-375b.100","next":"us-nv/nrs-375b.150"},"notice":"GroundRules: Original legal text. Not legal advice."}