Title 32

NRS 360.520 Limitation on withholding or transmitting assets. In administering the provisions of NRS 360.510, the Department shall determine as early as possible whether there have been withheld or transmitted sufficient liquid assets to satisfy the claim of the State. As soon as…

NRS 360.525 Successor or assignee to withhold tax or equivalent assets from purchase price; liability for failure to withhold sufficient amount; release. 1. If a person who is liable for any tax or fee administered by the Department sells any portion of his or her business or sto…

NRS 360.530 Seizure of property by Department for payment of sales or use tax or other excise tax due. 1. At any time within 3 years after any person has become delinquent in the payment of any amount of sales or use tax or other excise due pursuant to this title, NRS 482.313, 48…

NRS 360.535 Regulations concerning claims of ownership interest in property transmitted to or seized by Department by person who does not owe tax. The Department may adopt regulations which set forth the manner in which a person who does not owe any tax to the Department may clai…

NRS 360.540 Service and contents of notice of sale of property seized to pay taxes. 1. Notice of the sale and the time and place of it must be given to the delinquent person in writing at least 10 days before the date set for the sale in the following manner: (a) The notice must …

NRS 360.550 Sale of property for delinquent taxes. 1. At the sale the Department shall sell the property in accordance with law and the notice and shall deliver to the purchaser a bill of sale for the personal property and a deed for any real property sold. The bill of sale or de…

NRS 360.560 Return of excess proceeds of sale; right of other lienholder; State Treasurer to act as trustee. 1. If, upon the sale, the money received exceeds the total of all amounts, including interest, penalties and costs due the State, the Department shall return the excess to…

NRS 360.597 Definitions. As used in NRS 360.597 to 360.5975, inclusive, unless the context otherwise requires: 1. “Business” includes any activity engaged in by any person or caused to be engaged in by any person with the object of gain, benefit or advantage, either direct or ind…

NRS 360.5971 Registration or permit required to engage in or conduct business as seller; application for permit. 1. Every person desiring to engage in or conduct business as a seller within this State must: (a) Register with the Department pursuant to NRS 360B.200; or (b) File wi…

NRS 360.5972 Fee for permit; distribution. 1. At the time of making an application for a permit pursuant to NRS 360.5971, the applicant must pay to the Department a fee of $15 for each permit. 2. From each fee collected pursuant to subsection 1: (a) Five dollars of the fee shall …

NRS 360.5973 Issuance, assignability and display of permit; explanation of liability for collection and payment of taxes. 1. Except as otherwise provided in NRS 360.205 and 360.5975, after compliance with NRS 360.5971, 360.5972, 372.510 and 374.515 by an applicant for a permit, t…

NRS 360.5974 Fee for reinstatement of suspended or revoked permit. A seller whose permit has been previously suspended or revoked shall pay the Department a fee of $15 for the issuance of a permit. This fee shall be distributed in the same manner as the fees collected pursuant to…

NRS 360.5975 Revocation or suspension of permit: Procedure; manner of serving notice; limitation on issuance of new permit. 1. Whenever any person fails to comply with any provision of chapter 372, 374 or 377 of NRS relating to the taxes imposed by those chapters or any regulatio…

NRS 360.600 Definitions. As used in NRS 360.600 to 360.740, inclusive, unless the context otherwise requires, the words and terms defined in NRS 360.605 to 360.650, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1997, 3278; A 1999, 9, 1092)

NRS 360.605 “Account” defined. “Account” means the Local Government Tax Distribution Account created pursuant to NRS 360.660. (Added to NRS by 1999, 9)

NRS 360.610 “County” defined. “County” includes Carson City. (Added to NRS by 1997, 3278)

NRS 360.620 “Enterprise district” defined. “Enterprise district” means a governmental entity which: 1. Is not a county, city or town; 2. Receives any portion of the proceeds of a tax which is included in the Account; and 3. The Executive Director determines is an enterprise distr…

NRS 360.640 “Local government” defined. “Local government” means any county, city or town that receives any portion of the proceeds of a tax which is included in the Account. (Added to NRS by 1997, 3278; A 1999, 10)

NRS 360.650 “Special district” defined. “Special district” means a governmental entity that receives any portion of the proceeds of a tax which is included in the Account and which is not: 1. A county; 2. A city; 3. A town; or 4. An enterprise district. (Added to NRS by 1997, 327…

NRS 360.660 Local Government Tax Distribution Account: Creation; administration by Executive Director. The Local Government Tax Distribution Account is hereby created in the intergovernmental fund. The Executive Director shall administer the Account. (Added to NRS by 1997, 3278; …

NRS 360.670 Eligibility for allocation from Account. Except as otherwise provided in NRS 360.740, each: 1. Local government that receives, before July 1, 1998, any portion of the proceeds of a tax which is included in the Account; 2. Special district that receives, before July 1,…

NRS 360.680 Annual allocations from Account. 1. On or before July 1 of each year, the Executive Director shall allocate to each enterprise district an amount equal to the amount that the enterprise district received from the Account in the immediately preceding fiscal year. 2. Ex…

NRS 360.690 Establishment of base monthly allocations from Account; remission of allocations to local governments; estimates of allocations for future year for use in preparation of budgets. 1. Except as otherwise provided in NRS 360.730, the Executive Director shall estimate mon…

NRS 360.695 Adjustment of allocation to local government or special district after decrease in population and assessed valuation of taxable property. 1. If the population and assessed valuation of the taxable property, except any assessed valuation attributable to the net proceed…

NRS 360.698 Pledge of percentage of revenue to payment of bonds. 1. A local government or special district which receives revenue pursuant to NRS 360.680, 360.690 and 360.700 may pledge not more than 15 percent of that revenue to the payment of any general obligation bond or reve…

NRS 360.700 Guaranteed allocation from Account for tax proceeds pledged to secure obligations. The Executive Director shall ensure that each local government, special district or enterprise district that: 1. Received, before July 1, 1998, any portion of the proceeds of a tax whic…

NRS 360.710 Determination of whether governmental entity is enterprise district. 1. The Executive Director shall determine whether a governmental entity is an enterprise district. 2. In determining whether a governmental entity is an enterprise district, the Executive Director sh…

NRS 360.720 Enterprise districts prohibited from pledging revenue from Account to secure obligations; qualifications of certain governmental entities for allocations from Account. 1. An enterprise district shall not pledge any portion of the revenues from any of the taxes include…

NRS 360.730 Establishment of alternative formula for distribution of taxes in Account by cooperative agreement. 1. The governing bodies of two or more local governments or special districts, or any combination thereof, may, pursuant to the provisions of NRS 277.045, enter into a …

NRS 360.740 Request of newly created local government or special district for allocation from Account. 1. The governing body of a local government or special district that is created after July 1, 1998, and which provides police protection and at least two of the following servic…

NRS 360.750 Partial abatement of certain taxes imposed on new or expanded businesses: Powers and duties of Office of Economic Development, Nevada Tax Commission, applicant for abatement, business approved for abatement and county treasurer. [Effective through June 30, 2032.] 1. A…

NRS 360.753 Partial abatement of certain taxes imposed on aircraft, components of aircraft and other personal property used for certain purposes related to aircraft: Powers and duties of Office of Economic Development, Nevada Tax Commission, applicant for abatement, business appr…

NRS 360.754 Partial abatement of certain taxes imposed on new or expanded data center: Powers and duties of Office of Economic Development, Nevada Tax Commission, applicant for abatement, business approved for abatement and county treasurer. [Effective through December 31, 2056.]…

NRS 360.755 Abatement of certain taxes imposed on new or expanded businesses: Agreement to allow audits of business by Department; disclosure of information in audit report; protection of certain information from disclosure. 1. If the Office of Economic Development approves an ap…

NRS 360.757 Notice and meeting required for Office of Economic Development to take action on any application for abatement. 1. The Office of Economic Development shall not take any action on an application for any abatement of taxes pursuant to NRS 274.310, 274.320, 274.330, 360.…

NRS 360.7573 Authority of Board of Economic Development to deny or condition approval of abatement, partial abatement or transferable tax credits if approval not in best interests of State; factors to consider in determining best interests of State. 1. Notwithstanding any other p…

NRS 360.7575 Document certifying abatement or partial abatement: Issuance; failure to present; refunds of sales and use tax on transactions when document not presented. 1. If the Office of Economic Development approves an application for an abatement of sales and use taxes pursua…

NRS 360.758 Definitions. As used in NRS 360.758 to 360.7598, inclusive, unless the context otherwise requires, the words and terms defined in NRS 360.7581 to 360.7586, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2013, 3090; A 2015, 1100, 1109…

NRS 360.7581 “Above-the-line personnel” defined. 1. “Above-the-line personnel” means an executive producer, co-executive producer, producer, director, writer, principal actor, any other person having creative or financial control over a qualified production or any other person as…

NRS 360.7582 “Below-the-line personnel” defined. “Below-the-line personnel” means a person employed to work on a qualified production after production begins and before production is completed, including, without limitation, an extra, best boy, boom operator, camera loader, camer…

NRS 360.7583 “Nevada business” defined. “Nevada business” means a proprietorship, corporation, partnership, company, association, trust, unincorporated organization or other enterprise that: 1. Has a physical location and at least one full-time equivalent employee in this State, …

NRS 360.7584 “Nevada resident” defined. “Nevada resident” means a bona fide resident as that term is defined in NRS 361.015. (Added to NRS by 2013, 3090; A 2015, 1109)

NRS 360.7585 “Production company” defined. “Production company” means a business that finances, arranges to finance or supervises the production of a qualified production. (Added to NRS by 2013, 3090; A 2015, 1100, 1109)

NRS 360.75855 “Qualified direct production expenditures” defined. “Qualified direct production expenditures” means expenditures for a qualified production that are identified in NRS 360.7591 and may serve as a basis for transferable tax credits issued pursuant to NRS 360.759. (Ad…

NRS 360.7586 “Qualified production” defined. 1. “Qualified production” includes preproduction, production and postproduction and means: (a) A theatrical, direct-to-video or other media motion picture. (b) A made-for-television motion picture. (c) Visual effects or digital animati…

NRS 360.7589 Determination of whether employee is full-time equivalent employee. To determine whether an employee of an enterprise is a full-time equivalent employee for the purposes of NRS 360.7583, the hours worked by all the part-time and seasonal employees of the enterprise i…