Imposition and rate
Known as the Sales and Use Tax Act
The act spans §§ 372–372 (154 sections).
Applied in 17 court decisions — leading case State, Department of Taxation v. Masco Builder Cabinet Group (2011)
Most recently applied in SO. CALIF. EDISON VS. STATE, DEP'T OF TAXATION (July 2017)
[34:397:1955]—(Amended in 1986
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
1. An excise tax is hereby imposed on the storage, use or other consumption in this State of tangible personal property purchased from any retailer on or after July 1, 1955, for storage, use or other consumption in this State at the rate of 2 percent of the sales price of the property.
2. The tax is imposed with respect to all property which was acquired out of state in a transaction that would have been a taxable sale if it had occurred within this State.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.