575.205 - Penalty and interest for failure to pay certain special taxes on specified livestock; waiver or reduction of interest or penalty; disclosure of waiver or reduction; taxes, penalties and inte - Nevada Statutes

575.205  Penalty and interest for failure to pay certain special taxes on specified livestock; waiver or reduction of interest or penalty; disclosure of waiver or reduction; taxes, penalties and interest constitute lien until paid.

      1.  Except as otherwise provided in subsection 2, any person who fails to pay the tax levied by the Department pursuant to NRS 571.035, within the time required, shall pay a penalty of not more than 10 percent of the amount of the tax that is owed, in addition to the tax, plus interest at the rate of 1.5 percent per month, or fraction of a month, from the date the tax was due until the date of payment.

      2.  The Department may, for good cause shown, waive or reduce the payment of the interest or penalty, or both, that is required to be paid pursuant to subsection 1. The Department shall, upon the request of any person, disclose:

      (a) The name of the person whose interest or penalty was waived or reduced; and

      (b) The amount so waived or the amount of the reduction.

      3.  All taxes levied by the Department on livestock pursuant to NRS 571.035, and all penalties and interest accrued thereon, constitute a lien upon the livestock until paid.

      (Added to NRS by 2001, 1567)