NRS 372.370

Reimbursement for collection of tax

Known as the Sales and Use Tax Act

The act spans §§ 372–372 (154 sections).

Applied in 1 court decision — leading case 291 F. Supp. 530 - United States v. Nevada Tax Commission (1968)

Most recently applied in 291 F. Supp. 530 - United States v. Nevada Tax Commission (September 1968)

(Added to NRS by 1979, 416; A 1981, 288; 1991, 2293; 2003, 2367; 2003, 20th Special Session, 21; 2005, 1778; 2008, 25th Special Session, 20; 2009, 2097)

1. Except as otherwise provided in subsection 2, if the taxes imposed by this chapter are paid in accordance with NRS 372.355, a taxpayer may deduct and withhold from the taxes otherwise due from him or her 0.25 percent of those taxes as reimbursement for the cost of collecting the tax.

2. The regulations adopted by the Department pursuant to NRS 360B.110 may authorize the deduction and withholding from the taxes otherwise due from a taxpayer such other amounts as are required to carry out the Streamlined Sales and Use Tax Agreement.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.