2011 Nevada Revised Statutes
Chapter 372 - Sales and Use Taxes
NRS 372.726 - Application of exemption for aircraft and major components of aircraft.
On and after July 1, 1995, in administering the provisions of section 61.5 of chapter 397, Statutes of Nevada 1955, which is included in NRS as NRS 372.317, the Department shall:
1. Not enforce any restriction on the applicability of the exemption provided therein which would violate the United States Constitution.
2. Apply the exemption to all types of sales to air carriers including both indirect sales to an entity which purchases the aircraft or major components of an aircraft for lease to and use by an air carrier that otherwise qualifies for the exemption and direct sales to air carriers.
(Added to NRS by 1995, 1465)
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