Nev. Rev. Stat. § 374.010
Short title
This chapter shall be known and may be cited as the Local School Support Tax Law.
Nevada Revised Statutes Chapter 374 — Local School Support Tax
Nevada · statute · Nev. Rev. Stat. ch. 374 · 159 active provisions
Provisions
Nev. Rev. Stat. § 374.015
Legislative finding and declaration
The Legislature, having carefully considered the needs of the public school system and the financial resources of the State of Nevada, and its several classes of local governments, finds and declares: 1. That sound principles of government require an increased contribution for the support of the public schools in this…
Nev. Rev. Stat. § 374.020
Definitions
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 374.025 to 374.108, inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 374.025
“Business” defined
“Business” includes any activity engaged in by any person or caused to be engaged in by the person with the object of gain, benefit or advantage, either direct or indirect.
Nev. Rev. Stat. § 374.030
“Gross receipts” defined
1. “Gross receipts” means the total amount of the sale or lease or rental price, as the case may be, of the retail sales of retailers, valued in money, whether received in money or otherwise, without any deduction on account of any of the following: (a) The cost of the property sold. However, in accordance with such ru…
Nev. Rev. Stat. § 374.035
“In a county” defined
“In a county” means within the exterior limits of a county, and includes all territory within such limits owned by or ceded to the United States of America.
Nev. Rev. Stat. § 374.040
“Occasional sale” defined
1. “Occasional sale,” includes: (a) A sale of property not held or used by a seller in the course of an activity for which he or she is required to hold a seller’s permit, provided such sale is not one of a series of sales sufficient in number, scope and character to constitute an activity requiring the holding of a se…
Nev. Rev. Stat. § 374.046
“Person” defined
“Person” includes any individual, firm, copartnership, joint venture, association, social club, fraternal organization, corporation, estate, trust, business trust, receiver, trustee, syndicate, cooperative, assignee, or any other group or combination acting as a unit, but does not include the United States, this State…
Nev. Rev. Stat. § 374.050
“Purchase” defined
1. “Purchase” means any transfer, exchange or barter, conditional or otherwise, in any manner or by any means whatsoever, of tangible personal property for a consideration. 2. A transaction whereby the possession of property is transferred but the seller retains the title as security for the payment of the price is a p…
Nev. Rev. Stat. § 374.055
“Retail sale” and “sale at retail” defined
1. “Retail sale” or “sale at retail” means a sale for any purpose other than resale in the regular course of business of tangible personal property. 2. The delivery in a county of tangible personal property by an owner or former owner thereof or by a factor, or agent of such owner, former owner or factor, if the delive…
Nev. Rev. Stat. § 374.060
“Retailer” defined
1. “Retailer” includes: (a) Every seller who makes any retail sale or sales of tangible personal property, and every person engaged in the business of making retail sales at auction of tangible personal property owned by the person or others. (b) Every person engaged in the business of making sales for storage, use or…
Nev. Rev. Stat. § 374.065
“Sale” defined
1. “Sale” means and includes any transfer of title or possession, exchange, barter, lease or rental, conditional or otherwise, in any manner or by any means whatsoever, of tangible personal property for a consideration. 2. “Transfer of possession,” “lease,” or “rental” includes only transactions found by the Department…
Nev. Rev. Stat. § 374.070
“Sales price” defined
1. “Sales price” means the total amount for which tangible property is sold, valued in money, whether paid in money or otherwise, without any deduction on account of any of the following: (a) The cost of the property sold. (b) The cost of the materials used, labor or service cost, interest charged, losses, or any other…
Nev. Rev. Stat. § 374.075
“Seller” defined
“Seller” includes every person engaged in the business of selling tangible personal property of a kind, the gross receipts from the retail sale of which are required to be included in the measure of the sales tax.
Nev. Rev. Stat. § 374.080
“Storage” defined
“Storage” includes any keeping or retention in a county for any purpose except sale in the regular course of business or subsequent use solely outside the county of tangible personal property purchased from a retailer.
Nev. Rev. Stat. § 374.085
“Storage” and “use”: Exclusion
“Storage” and “use” do not include the keeping, retaining or exercising any right or power over tangible personal property for the purpose of subsequently transporting it outside the State for use thereafter solely outside the State, or for the purpose of being processed, fabricated or manufactured into, attached to, o…
Nev. Rev. Stat. § 374.090
“Tangible personal property” defined
“Tangible personal property” means personal property which may be seen, weighed, measured, felt or touched, or which is in any other manner perceptible to the senses.
Nev. Rev. Stat. § 374.100
“Taxpayer” defined
“Taxpayer” means any person liable for tax under this chapter.
Nev. Rev. Stat. § 374.107
“Vehicle” defined
“Vehicle” has the meaning ascribed to it in NRS 482.135.
Nev. Rev. Stat. § 374.108
“Vessel” defined
1. Except as otherwise provided in subsection 2, “vessel” means every description of watercraft used or capable of being used as a means of transportation on water. 2. The term does not include a canoe, float tube, kayak, rubber raft or seaplane.
Nev. Rev. Stat. § 374.110
Imposition and rate
For the privilege of selling tangible personal property at retail a tax is hereby imposed upon all retailers at the rate of 2.25 percent of the gross receipts of any retailer from the sale of all tangible personal property sold at retail in a county.
Nev. Rev. Stat. § 374.111
Additional amount
In addition to the amount of tax imposed pursuant to NRS 374.110, for the privilege of selling tangible personal property at retail an additional amount of tax is hereby imposed upon all retailers at the rate of 0.35 percent of the gross receipts of any retailer from the sale of all tangible personal property sold at r…
Nev. Rev. Stat. § 374.115
Method of collection
The tax hereby imposed shall be collected by the retailer from the consumer insofar as it can be done.
Nev. Rev. Stat. § 374.120
Advertisement of assumption or absorption of tax by retailer unlawful; penalty
1. It is unlawful for any retailer to advertise or hold out or state to the public or to any customer, directly or indirectly, that the tax or any part thereof will be assumed or absorbed by the retailer or that it will not be added to the selling price of the property sold or that if added it or any part thereof will…
Nev. Rev. Stat. § 374.125
Display of tax separately from price
The Department may by regulation provide that the amount collected by the retailer from the consumer in reimbursement of the tax be displayed separately from the list price, the price advertised in the premises, the marked price, or other price on the sales check or other proof of sale.
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