Nevada Administrative Code

NAC 372.924 Election by lessor to pay tax on use of tangible personal property rather than cost of acquisition. (NRS 360.090, 372.170, 372.240, 372.725) 1. If a lessor of tangible personal property elects to pay the tax on the use of that property as measured by the amount of the…

NAC 372.926 Sale of tangible personal property designated as lease or rental for purpose of retaining security interest. (NRS 360.090, 372.385, 372.725) 1. If tangible personal property is sold, but the transaction is designated as a lease or rental for the purpose of retaining a…

NAC 372.928 Sale of tangible personal property designated as finance lease. (NRS 360.090, 372.170, 372.240, 372.725) 1. If tangible personal property is sold, but the transaction is designated as a finance lease: (a) The transaction is a sale; (b) The tax applies to the transacti…

NAC 372.930 Sale and lease back of tangible personal property. (NRS 360.090, 372.385, 372.645, 372.725) 1. The sale of tangible personal property to a person who is in the business of leasing tangible personal property to others and who leases the property back to the seller with…

NAC 372.932 Certain transfers of tangible personal property to governmental entities or nonprofit organizations. (NRS 360.090, 372.385, 372.725) 1. If a lease of tangible personal property to an entity exempt from taxation pursuant to NRS 372.325 or 372.326 constitutes a sale pur…

NAC 372.934 “Lease or rental” and “retailer” defined. (NRS 360.090, 360B.110, 372.725) As used in NAC 372.934 to 372.946, inclusive, unless the context otherwise requires: 1. “Lease or rental” has the meaning ascribed to it in NRS 360B.450. 2. “Retailer” includes every person who…

NAC 372.936 Lease or rental of tangible personal property constitutes sale. (NRS 360.090, 360B.110, 372.060, 372.725) 1. A lease or rental of tangible personal property shall be deemed to constitute a transaction in lieu of a transfer of title, exchange or barter pursuant to the …

NAC 372.938 Collection and payment of sales tax on lease or rental of tangible personal property; sale of property following its use in lease or rental service. (NRS 360.090, 360B.110, 372.385, 372.725) 1. The legal incidence of the sales tax on a lease or rental of tangible pers…

NAC 372.940 Treatment of various charges made in connection with lease or rental of tangible personal property. (NRS 360.090, 360B.110, 372.385, 372.725) For the purposes of NAC 372.938: 1. The gross lease or rental charges for the lease or rental of tangible personal property in…

NAC 372.942 Termination of lease. (NRS 360.090, 360B.110, 372.385, 372.725) For the purposes of NAC 372.938: 1. A retailer may discontinue charging sales tax on the basis of gross lease charges when a lease agreement is terminated. Periodic billing statements for amounts which ar…

NAC 372.944 Sale of tangible personal property designated as lease or rental for purpose of retaining security interest. (NRS 360.090, 372.385, 372.725) If tangible personal property is sold, but the transaction is designated as a lease or rental for the purpose of retaining a se…

NAC 372.946 Purchase, sale and lease back of tangible personal property. (NRS 360.090, 360B.110, 372.385, 372.645, 372.725) 1. If tangible personal property is sold to an initial purchaser who then sells the property to a person who is in the business of leasing tangible personal…

NAC 372A.010 Effect of criminal proceeding on collection of tax. (NRS 372A.050) 1. An action brought to recover any tax, fee or civil penalty imposed pursuant to chapter 372A of NRS is not barred by a prior acquittal of the defendant in a criminal action arising out of the same t…

NAC 372A.020 Use of revenue stamps; applicability. (NRS 360.090, 372A.050) 1. Each dealer in controlled substances who purchases revenue stamps from the Department pursuant to NRS 372A.090 shall affix the stamps to each package, packet or container of a controlled substance he or…

NAC 372A.100 Definitions. (NRS 360.090, 372A.050, 372A.290, 678B.640) As used in NAC 372A.100 to 372A.165, inclusive, unless the context otherwise requires, the words and terms defined in NAC 372A.101 to 372A.141, inclusive, have the meanings ascribed to them in those sections. (…

NAC 372A.101 “Adult-use cannabis product” defined. (NRS 360.090, 372A.050, 678B.640) “Adult-use cannabis product” has the meaning ascribed to it in NRS 678A.055. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.1015 “Affiliate” defined. (NRS 360.090, 372A.050) “Affiliate” has the meaning ascribed to it in NRS 372A.290. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.102 “Batch” defined. (NRS 360.090, 372A.050, 678B.640) “Batch” means the usable flower and trim contained within one or more specific lots of cannabis grown by a cannabis cultivation facility from one or more seeds or cuttings of the same strain of cannabis and harvested…

NAC 372A.104 “Cannabis” defined. (NRS 360.090, 372A.050, 678B.640) “Cannabis” has the meaning ascribed to it in NRS 372A.015. (Added to NAC by Tax Comm’n by R108-20, eff. 4-11-2022)

NAC 372A.105 “Cannabis cultivation facility” defined. (NRS 360.090, 372A.050, 678B.640) “Cannabis cultivation facility” has the meaning ascribed to it in NRS 372A.210. (Added to NAC by Tax Comm’n by R108-20, eff. 4-11-2022)

NAC 372A.106 “Cannabis establishment” defined. (NRS 360.090, 372A.050, 678B.640) “Cannabis establishment” has the meaning ascribed to it in NRS 678A.095. (Added to NAC by Tax Comm’n by R108-20, eff. 4-11-2022)

NAC 372A.107 “Cannabis product” defined. (NRS 360.090, 372A.050, 678B.640) “Cannabis product” has the meaning ascribed to it in NRS 372A.290. (Added to NAC by Tax Comm’n by R108-20, eff. 4-11-2022)

NAC 372A.108 “Cannabis sales facility” defined. (NRS 360.090, 372A.050) “Cannabis sales facility” has the meaning ascribed to it in NRS 678A.130. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.109 “Department” defined. (NRS 360.090, 372A.050, 678B.640) “Department” means the Department of Taxation. (Added to NAC by Tax Comm’n by R108-20, eff. 4-11-2022)

NAC 372A.110 “Excise tax on cannabis” defined. (NRS 360.090, 372A.050, 372A.290) “Excise tax on cannabis” has the meaning ascribed to it in NRS 372A.220. (Added to NAC by Tax Comm’n by R073-13, eff. 6-23-2014; A by R108-20, 4-11-2022)

NAC 372A.112 “Extraction” defined. (NRS 360.090, 372A.050, 678B.640) “Extraction” has the meaning ascribed to it in NRS 453.0825. (Added to NAC by Tax Comm’n by R108-20, eff. 4-11-2022)

NAC 372A.115 “Fair market value” defined. (NRS 360.090, 372A.050, 678B.640) “Fair market value” means the value established by the Department based on the price that a buyer would pay to a seller in an arm’s length transaction for cannabis in the wholesale market. (Added to NAC b…

NAC 372A.116 “Independent cannabis consumption lounge” defined. (NRS 360.090, 372A.050) “Independent cannabis consumption lounge” has the meaning ascribed to it in NRS 678A.157. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.118 “Lot” defined. (NRS 360.090, 372A.050, 678B.640) “Lot” means: 1. The flowers from one or more cannabis plants of the same batch, in a quantity that weighs 5 pounds or less; 2. The leaves or other plant matter from one or more cannabis plants of the same batch, other …

NAC 372A.122 “Pre-roll” defined. (NRS 360.090, 372A.050, 678B.640) “Pre-roll” means an individual cannabis cigarette or joint. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.124 “Ready-to-consume cannabis product” defined. (NRS 360.090, 372.050) “Ready-to-consume cannabis product” has the meaning ascribed to it in NRS 678A.227. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.126 “Retail cannabis consumption lounge” defined. (NRS 360.090, 372A.050) “Retail cannabis consumption lounge” has the meaning ascribed to it in NRS 678A.237. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.128 “Single-use cannabis product” defined. (NRS 360.090, 372A.050) “Single-use cannabis product” has the meaning ascribed to it in NRS 678A.238. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.140 “Taxpayer” defined. (NRS 360.090, 372A.050, 372A.290) “Taxpayer” has the meaning ascribed to it in NRS 372A.250. (Added to NAC by Tax Comm’n by R073-13, eff. 6-23-2014; A by R108-20, 4-11-2022)

NAC 372A.141 “Wholesale sale” defined. (NRS 360.090, 372A.050, 678B.640) “Wholesale sale” has the meaning ascribed to it in NRS 372A.290. (Added to NAC by Tax Comm’n by R052-23, eff. 12-19-2024)

NAC 372A.145 Records: Contents; form. (NRS 360.090, 372A.050, 372A.270) The records required by paragraph (a) of subsection 1 of NRS 372A.270: 1. May include receipts, invoices and other pertinent papers; and 2. Must be kept in such form as required by the Department. (Added to N…

NAC 372A.147 Sales of cannabis and cannabis products to consumer by cannabis sales facility or cannabis consumption lounge: Subject to sales tax; permit or registration required; returns and payments. (NRS 360.090, 372A.050) Sales of cannabis and cannabis products to a consumer b…

NAC 372A.149 Circumstances under which cannabis or adult-use cannabis product obtained by retail cannabis consumption lounge is subject to excise tax. (NRS 360.090, 372A.050) Any cannabis or adult-use cannabis product obtained by a retail cannabis consumption lounge from the adul…

NAC 372A.151 Circumstances under which cannabis or adult-use cannabis product purchased by independent cannabis consumption lounge is subject to excise tax. (NRS 360.090, 372A.050) Any cannabis or adult-use cannabis product purchased by an independent cannabis consumption lounge …

NAC 372A.155 Fair market value at wholesale for categories of cannabis: Method for calculating; posting on website of Department; effective date. (NRS 360.090, 372A.050, 678B.640) 1. During the month immediately following the end of each calendar quarter, but not later than 30 da…

NAC 372A.160 Payment of tax; monthly return; supporting documentation; submission of financial statement upon request of Department. (NRS 360.090, 372A.050, 372A.290) 1. Each taxpayer shall, on or before the last day of the month immediately following each month for which the tax…

NAC 372A.165 Adult-use cannabis retail store that entered into contract with independent cannabis consumption lounge required to document sales on form submitted with return; maintenance and availability of contract. (NRS 360.090, 372A.050) 1. Each adult-use cannabis retail store…

NAC 372B.100 “Excise tax on passenger transportation” defined. (NRS 360.090, 372B.110) As used in this chapter, unless the context otherwise requires, “excise tax on passenger transportation” means the taxes imposed by NRS 372B.140, 372B.150 and 372B.160. (Added to NAC by Tax Com…

NAC 372B.200 Duties of Department: Identification, registration and notification of taxpayer; failure to register or notify does not excuse requirement to pay tax. (NRS 360.090, 372B.110) 1. The Department shall: (a) Use the best information available to identify each taxpayer; (…

NAC 372B.210 Tax due and payable monthly. (NRS 360.090, 372B.110) The excise tax on passenger transportation is due and payable to the Department monthly on or before the last day of the month next succeeding the month in which the tax accrued. (Added to NAC by Tax Comm’n by R068…

NAC 372B.215 Filing of return with Department. (NRS 360.090, 372B.110) 1. On or before the last day of the month following each reporting period, a return for the preceding period must be filed with the Department on a form prescribed by the Department. 2. A return required by th…

NAC 372B.220 Requirements for return. (NRS 360.090, 372B.110) 1. A return filed pursuant to NAC 372B.215 must show: (a) The total amount of the fares charged by the taxpayer for transportation services during the preceding reporting period; (b) The amount of the taxes due from th…