Computation of amount of taxes due.

NRS 374.371 Computation of amount of taxes due. In determining the amount of taxes due pursuant to this chapter: 1. The amount due must be computed to the third decimal place and rounded to a whole cent using a method that rounds up to the next cent if the numeral in the third decimal place is greater than 4. 2. A retailer may compute the amount due on a transaction on the basis of each item involved in the transaction or a single invoice for the entire transaction. (Added to NRS by 2003, 2369; A 2005, 1778)