Imposition and rate
Known as the Local School Support Tax Law
The act spans §§ 374–374 (159 sections).
Applied in 2 court decisions — leading case Nevada Tax Commission v. Nevada Cement Co. (2000)
Most recently applied in Harrah's v. State, Dep't of Taxation (March 2014)
(Added to NRS by 1967, 901; A 1981, 290; 1983, 445, 1951; 1991, 2293)
1. An excise tax is hereby imposed on the storage, use or other consumption in a county of tangible personal property purchased from any retailer for storage, use or other consumption in the county at the rate of 2.25 percent of the sales price of the property.
2. The tax is imposed on all property which was acquired out of State in a transaction which 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.