When tax becomes delinquent; deposit of proceeds from penalty
Applied in 2 court decisions — leading case State Ex Rel. Nevada Tax Commission v. Saveway Super Service Stations, Inc. (1983)
Most recently applied in Saveway Super Service Stations, Inc. v. Cafferata (August 1988)
[Part 10:74:1935; A 1951, 199; 1955, 170]—(NRS A 1971, 1091; 1975, 1695; 1983, 1019; 1987, 329; 1999, 1014; 2003, 2908; 2007, 1575)
1. If the amount of any excise tax for any month is not paid to the State on or before the date due, it becomes delinquent at the close of business on that day.
2. The proceeds from any penalty levied for the delinquent payment of an excise tax must be deposited with the State Treasurer to the credit of the State Highway Fund.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.