No. 4. By Robert N. Poland, Commissioner, Nevada Department of Taxation. Filed December 13, 1993. (a) The Department requests that the petitioner (i) agree to extend the closing date of the tax levy, (ii) approve all new and modified taxes with a minimum of 1,000,000, and (iii) continue the extension until September 30, 1994. The Department also requests that the petitioner (i) agree to accept an additional 1,000,000 in income taxes for 1994, (ii) accept the Department's proposal for an increase in the tax rate for the 1994 tax year to 4.95%, (iii) agree to accept at least the maximum rate of 1,000,000 in capital gains taxes through 1995, (iv) continue to pay the 1,000,000 on the new levy as well as the remainder of the 1990 levy and extend all taxes, interest in excess of the tax for 1993 from July 1, 1992, to June 30, 1994, and extend all taxes, interest in excess of 5% for 1994 (but less than 15%) and 1995 (but less than 50%) from July 1, 1994, to June 30, 1994.
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