Basic Information for state of Naveda

8/13/2019 Basic Information for state of Naveda

1/62

STATE OF NEVADADEPARTMENT OF TAXATION


2/62


3/62

MISSION STATEMENT

To provide fair, efficient and effectiveadministration of tax programs for the

State of Nevada in accordance withapplicable statutes, regulations and

policies.

To serve the taxpayers, state and localgovernment entities


4/62

To Learn bout!

Taxes"

#usiness $egistration $e%uirementsStreamlined greement&ayments ' (iling $eturns

udit &rocess

)lectronic (iling $e%uirements*eneral +uestions and larifications-// legislative bills affecting taxation

Why am I here

today?


5/62

TAXPAYERS BI!! OFRI"HTS

A #$%&'(at'o) (o)ta')')* the B'&& o+ R'*ht, +orTa-#ayer, ', #ro.'ded/

Whe) yo$ re*',ter 0'th theDe#artme)t

I+ the %$,')e,, ', a$d'ted1 or

2#o) re3$e,t

N$S 01.-2/


6/62

!'(e),e, 4 Perm't,

The Ne.ada B$,')e,, Re*',trat'o) +orm5NBR6 a)d the S$##&eme)ta& +ormare re3$'redto o%ta') a ,a&e, or $,e ta- #erm't +or yo$r

%$,')e,, ') the State o+ Ne.ada

Reta'&er, #ay a 789:;; ,a&e, ta- #erm't+ee +orea(h %$,')e,, &o(at'o): Th', ', a o)e t'me +ee o)&y

$)&e,, there ', a (ha)*e ') o0)er,h'# or &o(at'o):


7/62

SA!ES TAXPerm't, 4 De#o,'t,

A&o)* 0'th the Sa&e, ta- #erm't a reta'&er m$,t a&,ode#o,'t 0'th the De#artme)t ,e($r'ty ') the amo$)t o+/

3 T0'(e the e,t'mated a.era*e ta- d$e 3$arter&y1 or

3 Three t'me, the e,t'mated ta- d$e mo)th&y '+ thereta'&er +'&e, mo)th&y1 or

3 Fo$r t'me, the e,t'mated a))$a& amo$)t '+ thereta'&er +'&e, a))$a&&y:

Ca&($&ated ta- !ESS tha) 781;;;/

NO DEPOSIT RE@:98;


8/62

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9/62

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10/62

E&e(tro)'( F'&')*Re3$'reme)t,

ll paymentsof money for taxes, interest,penalties or other obligations in the aggregate

amount to 8/, or more76ST be made byelectronic transferFor more information and to register and pay your taxes, go

to:

htt#/000:)e.adata-:).:*o.0e%

*SB 517, 2007 Legislative Sessioneffe!tive 7"1"200#


11/62

Ne.ada, Sa&e, 4 2,e Ta-rate, .ary %y (o$)ty:

Ta-e, are a##&'ed ') the

(o$)ty the tra),a(t'o)tae, #&a(e1 or the (o$)tythe de&'.ery ', made:

Ne.ada, !ar*e,t C't'e,

!a, Ve*a, C&ar Co: :8He)der,o) C&ar Co: :8

Re)o Wa,hoe Co: :@9

!a$*h&') C&ar Co: :8

State&')e 5Tahoe6 Do$*&a, Co :8Car,o) C'ty Car,o) Co: :9

Rate, e++e(t'.e 8@;;G

e-#'re J>;@;8>

Ne0 Ta- Rate, %y Co$)tyCh$r(h'&& :J;; C&ar :8;;

Do$*&a, :8;; E&o J:9;

E,mera&da :9; E$rea J:9;

H$m%o&dt J:9; !a)der :8;;

!')(o&) :8;; !yo) :8;;

M')era& J:9; Nye :8;;

Car,o) C'ty :9

Per,h')* :8;;

Storey :J;; Wa,hoe :@9

Wh'te P')e :9

*2011 $%ange: &B 5'1


12/62

SA!ES TAX RET2RN Re#ort')* +re3$e)(y ', mo)th&y:The ta- ', d$e a)d #aya%&e o)

or %e+ore the &a,t day o+ the )e-t mo)th:

I+ a %$,')e,, ha, ,a&e, o+ &e,, that 78;1;;; #er mo)th1 the) the

+'&')* +re3$e)(y may %e 3$arter&y:

I+ a reta'&er had ,a&e, o+ &e,, tha) 7819;; ') the 'mmed'ate

#ro(eed')* year they may re3$e,t the'r +'&')* +re3$e)(y to %e

(ha)*ed to a))$a&&y:

Reta'&er, are a&&o0ed a) a&&o0a)(e o+ ;:@9o+ the ta-e,(o&&e(ted +or the (o,t o+ (o&&e(t')* the ta-: Th', ', re+erred to a,

a (o&&e(t'o) a&&o0a)(e:

NRS >@:>; NRS >@:>;

SA!ES TAX RET2RN


13/62

SA!ES TAX RET2RN


14/62

SA!ES TAX EXEMPTIONS

Sa&e, to or %y E-em#t a*e)('e, or

"o.er)me)t e)t't'e,

O$to+,tate ,a&e,

Sa&e, +or re,a&e

Ser.'(e, )ot a,,o('ated 0'th a ,a&e o+ta)*'%&e #er,o)a& #ro#erty

I),ta&&at'o) &a%or a)d Re#a'r &a%or


15/62

E-em#t Sa&e, Re(ord, to Kee#

Sh'##')* do($me)t,9 out of state sales

Re,a&e Cert'+'(ate,

9 Selling to other retailers

E-em#t'o) &etter,9 Nevada National *uardsmen

9 hurches9 )ducational 5rgani:ations

2)'ted State, a)d Ne.ada "o.er)me)t,9 &urchase orders

9 opy of *overnmental credit card


16/62

RESA!E CERTIFICATE


17/62

@;88 Cha)*e, L E++e(t'.e 888 Mo,t ta- rate, adm')',tered %y the

De#artme)t o+ Ta-at'o) that 0ere,(hed$&ed to ,$),et o) J>;88 ha.e%ee) e-te)ded to J>;@;8> 5&B 50(6

I)tere,t rate o) (red't re+$)d, red$(edto :@9 #er(e)t )&B 50(

I)tere,t rate o) &ate ta-e, d$e red$(ed

to :9 #er(e)t )&B 50( "e)era& Mod'+'ed B$,')e,, Ta- +or0a*e, $)der 7J@19;8 #er 3$arter *oe,a0ay )&B 5'1


18/62

Sales Tax 4ssues


19/62

Sa&e,2,e Ta- Re+ere)(e,

Stat$te, aa NRS

Re*$&at'o), aa NAC

P$%&'(at'o), Ta-)ote, Other FA


20/62

SA!ES TAX

Sales tax is due on the sale for retail ofTangible &ersonal &roperty which may be!

; Seen

;


21/62

SA!ES TAX

What, ta-a%&e?

"ro,, Re(e'#t,

De&'.ery Char*e, 5sometimes6

Not A&& D',(o$)t,

Ta- ')(&$,'.e

Ser.'(e, a,,o('ated 0'th a ,a&e


22/62

AD2STIN" SA!ES TAX

Sa&e, ta- ')(&$ded ') the #r'(e o+ the ,a&e Re#ort the *ro,, ,a&e, amo$)t &e,, the

amo$)t a&&o(ated to ta-:

CA!C2!ATION/ 5&ssume $lar. $ounty Sale6A,,$me/ 781;;; ,a&e ')(&$de, ta-D'.'de the 781;;; %y o$r ta- rate

781;;; 8:;8Re#ort ') Co&$m) A/ 7 G@9:;

PROOF/ 7G@9:; - :8 7 :G>7G@9:; Q 7:G> 781;;;:;;


23/62

Tips given by a customer to a serveras a >5L6NT$? return forservices rendered are not sub@ect to

tax./34

4f the restaurantAbar owner Beeps

any portion of the tip, that portionretained becomes part ofthe TC#L) sale

&ttorney eneral

pinionD*5E 11-

TIPS1 TOKES1 "RAT2ITIES


24/62

4f you own the vending machine!

annot taBe tax out of selling priceunless there is a sign indicatingsales tax is included

7ust have a permitclearly visible on machine

7ust maintain records with location of each machine

7ust provide the Fepartment with a list of vendingmachinesG must update the list whenever machinesare removed or placed in different locations.

6&$ +727'0

6&$ +72520

6&$ +72500)+

6&$ +72510

VENDIN" MACHINES


25/62

Labor used to

.change tangible personal property to

another form and billed in a retail sale..

FABRICATION !ABOR


26/62

$eturn to thecustomer

OR

$emit to theFepartment ofTaxation

6&$ +727'5

O.er(o&&e(ted

Sa&e, Ta-


27/62

A%,or#t'o) o+ Ta-

Ta-#ayer, CANNOTad.ert',e they 0'&& #aythe ,a&e, ta- )64S +72115

Ta-#ayer, CAN ,tate that ,a&e, ta- ',

')(&$ded: )6&$ +727'0

I+ there ', )o ,$(h ,tateme)t o) the ').o'(eor a ,'*) that ,tate, that ,a&e, ta- ',

')(&$ded1 the) the ,a&e ', ,$%e(t to ta-at'o)o) the e)t're amo$)t or #ort'o) that ',,e#arated o$t re&at')* to ta)*'%&e #er,o)aro#erty )6&$ +727'0


28/62

2SE TAXWhat ', 2,e Ta-?

2,e Ta- ', a m'rror o+ the ,a&e, ta-1 ,ame rate: The

ta- ', mea)t to e.e) the (om#et't'.e ad.a)ta*e that

o$t o+ ,tate .e)dor, ha.e 0he) ,e&&')* a #rod$(t

0'tho$t ta-1 0he) a Ne.ada .e)dor m$,t (har*e the

ta-: The ta- ', d$e o) a&& ta)*'%&e #er,o)a& #ro#erty

%ro$*ht ')to th', ,tate1 +or ,tora*e1 $,e or other(o),$m#t'o) ') th', ,tate1 a)d 0here Ne.ada ,a&e,

ta- ha, )ot %ee) (har*ed:


29/62

2SE TAX

Who ', re3$'red to %e re*',tered?

&ny usiness8%o pur!%ases tangile

personal property 8it%out paying 6evadasales tax is re9uired to e registered and

report t%e use tax on t%e pur!%ase

&ny individual8%o ma.es a large pur!%ase8it%out paying t%e tax s%ould !onta!t t%e

epartment to pay t%e tax


30/62

2SE TAX

A)y +ee,?

;nli.e sales tax, t%ere are no permit fees

for !onsumers


31/62

2SE TAX

What, ta-a%&e?

Co)tra(tor, #ay $,e ta- o) the %$'&d')*

mater'a&, they $,e:

I)ter)etCata&o* Sa&e,

P$r(ha,e, +rom o$t o+ ,tate


32/62

CONS2MER 2SE TAX RET2RN


33/62

Co)tra(t that ha.e %ee) e)tered ')toCo)tra(t that ha.e %ee) e)tered ')to

#r'or to the ,a&e,$,e ta- ')(rea,e o)#r'or to the ,a&e,$,e ta- ')(rea,e o)

8;G 0'&& %e a&&o0ed to #ay the ta- o)8;G 0'&& %e a&&o0ed to #ay the ta- o)

the o&d ta- rate: A +orm a)dthe o&d ta- rate: A +orm a)d

'),tr$(t'o), +or a##&y')* +or th', ','),tr$(t'o), +or a##&y')* +or th', ',

a.a'&a%&e o) the De#artme)t, We% S'tea.a'&a%&e o) the De#artme)t, We% S'te$)der Commo) Form,:$)der Commo) Form,:

Co)tra(t,


34/62

Labor used to refurbish an item of tangiblepersonal property to restore or refit it forthe use for which it was originally

produced..

6&$ +72+#0)1

REF2RBISH !ABOR


35/62

Mater'a&, #$r(ha,ed o$t o+ ,tate +or aMater'a&, #$r(ha,ed o$t o+ ,tate +or a

Ne.ada o%, are ,$%e(t to Ne.ada ta-:Ne.ada o%, are ,$%e(t to Ne.ada ta-:

Ta-Ta- &e*'t'mate&y&e*'t'mate&y#a'd to other ,tate ',#a'd to other ,tate ',

ho)ored %y Ne.ada ho0e.er1 '+ theho)ored %y Ne.ada ho0e.er1 '+ the

other ,tate ta- rate ', &o0er tha) theother ,tate ta- rate ', &o0er tha) the

Ne.ada rate1 the d'++ere)(e ', d$e toNe.ada rate1 the d'++ere)(e ', d$e toNe.adaNe.ada

O$t o+ ,tate #$r(ha,e,


36/62

Pay')* other ,tate,ta-LL!e*'t'mate&y

EXAMP!E! 781;;; #$r(ha,e #ought e%uipment ')6tah for use in Nevada Tax rate in 6tah! 1./H 5we Nevada difference D-HE Dassume $lar. $ounty rateE

CA!C2!ATION/Tax paid! 8/, x 1./H I 81/.Nevada tax! 8/, x J./H I 8J/.Fifference owed to Nevada! 8-.

Fivide Fifference by our tax rate!8-. A .J/ I 7@J:G8 re#orted ') Co&$m) Fo+ ,a&e,$,e ta- ret$r)

&$55(! 8-K1.2/ C J./H I 8-.


37/62

Com#$ter So+t0are

Ta-a%&e )6&$ +72##0:Pre0r'tte) (om#$ter ,o+t0are564S +'0B(706!'(e),')* +ee, +or Sta)dard Pre0r'tte) #ro*ram,

Not Ta-a%&e!C$,tom (om#$ter So+t0are 5in!luding updates"upgradesand support servi!es6 )6&$ +72#75 C$,tom #ro*ramm')* ,er.'(e,, separately stated )6&$+72#75

De&'.ered e&e(tro)'(a&&y 5or y Load and Leave6 )64S+'0B(20

2SE TAX


38/62

Com#$ter So+t0are 5!ontinued6

De&'.ered e&e(tro)'(a&&y 5not taxale6

Spe!ified digital produ!ts means ele!troni!ally transferred digitalaudio 8or.s, digital audiovisual 8or.s and digital oo.s

Series of musi!al, spo.en or ot%er sounds

Series of related images imparting motion

igital Boo.s 4ingtones

64S +'0B(#+

2SE TAX

FREI"HT TRANSPORTATION OR DE!IVERY


39/62

FREI"HT1 TRANSPORTATION OR DE!IVERYCHAR"ES

7ost charges for freight,

transportation or delivery is sub@ect tosales and use tax

E++e(t'.e May @@1 @;;Gcharges for

transportation, shipping or postageare no longer sub@ect to Sales ' 6seTax if they are separately stated onthe invoice.

harges for handling, pacBing andcrating are taxable whether or notseparately stated.

64S +'0B2


40/62


41/62

75F4(4)F #6S4N)SS TC

*eneral 3 N$S 010#

(inancial 4nstitutions 3 N$S 010


42/62


43/62

What to re#ort?

v ages ta.en from mployment Se!urity epartment)S form 6;$S (072, line +

What to ded$(t?v edu!tions for employerpaid %ealt%

insuran!e allo8ed

64S +'+&1+0

64S +'+B110

64S +'+&1+5

64S +'+B115



44/62

)mployerpaid insurance deductionincludes!

1 Selfinsured employer: all amountspaid for !laims, premiums, stoploss,if t%e program is a 9ualified employee

8elfare enefit plan2 =remiums for a poli!y of %ealt%insuran!e for employees

+ =ayments to a -aft/artley trust64S +'+&1+564S +'+B115



45/62

)mployerpaid insurance deduction F5)S N5Tinclude!

1 &mounts paid y t%e employee2 or.men>s !ompensation insuran!e

+ Life insuran!e

( isaility

64S +'+&1+5

64S +'+B115



46/62

ategories and $ates )t%roug% '"+0"11

*eneral Ta-a%&e 0a*e, $# to 7J@19;; ') a (a&e)dar 3$arter

;:9

Ta-a%&e 0a*e, o.er 7J@19;; ') a (a&e)dar 3$arter

8:8 5E++e(t'.e 8@;;G1 a)d 0a, d$e to e-#'re o) J>;@;886

(inancial -.H64S +'+&050 and

64S +'+&1+0

64S +'+B110



47/62

ategories and $ates )FF$-?3 7"1"2011

*eneral

Ta-a%&e 0a*e, $# to 7J@19;; ') a (a&e)dar 3$arter

No ta-@ut a return A;S- still e filed Ta-a%&e 0a*e, o.er 7J@19;; ') a (a&e)dar 3$arter

8:8 5E++e(t'.e 8@;881 a)d e-#'re, o) J>;@;8>6

(inancial -.H&B 5'1 amending 64S

+'+&050 and 64S+'+&1+0

64S +'+B110



48/62


IMPORTANT/A) $#dated

+orm +or the >rd3$arter @;88 0'&&%e a.a'&a%&e ')

the )ear +$t$re.

IMPORTANT/

The +orm ,ho0)here ', e++e(t'.e+or ta-e, d$e +orthe @)d3$arter

@;88


49/62


$AA6 444S Wa*e, )ot ,ame a, re#orted toEm#&oyme)t Se($r'ty De#artme)t

For*ot to tae hea&th '),$ra)(e

ded$(t'o)

Too hea&th (are ded$(t'o) +or'),$ra)(e )ot a$thor'Ued %y NRS >J>A orNRS >J>B

Too hea&th (are ded$(t'o) +or #ort'o)o+ #rem'$m that the em#&oyee #a'd:

F'&')* m$&t'#&e ret$r), d$e to )e0 t'ered

rate


50/62

Stream&')ed Ta-

Stream&')ed Ta- ', a) e++ort to ha.e ,'m'&ar ta- &a0,

thro$*ho$t the (o$)try:

Ne.ada 0a, o++'('a&&y a((e#ted a, a +$&& mem%er o)8@;;: NRS >J;B 0a, added %y the @;;9

&e*',&at'.e #ro(e,, +or th', #$r#o,e:

Some e-',t')* ,tat$te, $)der Cha#ter >@ o+ theNRS 0'&& %e a++e(ted1 0'th (ha)*e, deemed to %eretroa(t'.e to @;;:

St &' d T


51/62

Stream&')ed Ta-

#undled Transactions

3 retail sale of two or more products in which onlysome of the products are normally taxable, distinctand identifiable from each other #6T sold together

for a single nonitemi:edAnonnegotiable price,then..

3 4tOs considered #6NFL)F and.

the entire bundle is sub@ect to sales tax"

N 0P-.K=

St &' d T


52/62

Stream&')ed Ta- #undled Transactions

3 &rimary reason for transaction is a sale of aservice, then..

3 the transaction is N5T considered

bundled NF

6se tax is due on the cost of thetangible personal property using the cost ofthe item to the retailer as the use taxable

measure.

N 0P-.K=


53/62

!IVE ENTERTAINMENT TAXDnongamingE


54/62

L4>) )NT)$T4N7)NT TCDNo)"am')*6

Th', ', a T0oT'ered Ta- Rate d$e mo)th&y:

No re*',trat'o) +ee re3$'red:

8; ta- rate a##&'(a%&eSeat')* Ca#a('ty 5@;;GG6 5NRS >JA:@;;5a66

3 O) adm',,'o) a)d (o.er (har*e,1 +ood1 re+re,hme)t, a)dmer(ha)d',e ,a&e,: Th', ', ') add't'o) to a##&'(a%&e ,a&e, ta- o)+ood1 re+re,hme)t, a)d mer(ha)d',e ,o&d:

9 ta- rate a##&'(a%&eSeat')* Ca#a('ty 59;; a)d o.er6 5NRS >JA:@;;5%66

3 O) adm',,'o) a)d (o.er (har*e, o)&y +or !'.e E)terta')me)tta')* #&a(e at a +a('&'ty 0'th ma-'m$m ,eat')* (a#a('ty o+ 19;;or more:

No ta-)o)*am')* +a('&'t'e, 0'th a ,eat')* (a#a('ty o+ &e,, tha) @;;

NRS >JA

!IVE ENTERTAINMENT TAX


55/62

Live entertainment in!ludes t%e follo8ing a!tivities

provided y professional or amateur persons!

Live music or vocals

Fancing by performers

ctingAdrama

crobaticsAstunts

nimal Stunts

thletic or sporting contestsQ omedy or magic shows

ny or all of the above


5No)"am')*6

N$S 01J.2D-EDaE



56/62

Live entertainment does 6- in!lude t%e follo8ing

a!tivities

#oxing contestAexhibition governed by the 6evada&t%leti! $ommissionDN$S K1PE

&rovided by or for entities formed under 4$S =/DcE

)ntertainment prohibited to be taxed under other laws

)ntertainment provided at trade shows

(oodAproduct demonstrations or craft show NS$ racing events Da, o+ 8;E

#aseball event at a stadium in this state Da, o+ 8;E

Live entertainment in outdoor area with no admission


5No)"am')*6

64S +'#&200)5

CANCE!IN" YO2R


57/62

CANCE!IN" YO2RACCO2NT

C&o,')* yo$r a((o$)t/4f you close or sell your business, you must contactthe Fepartment. ?ou can cancel your account by

contacting us by phonewritten correspondence

visiting us at one of our 4 district offices.

Rowever you choose to contact us, certaininformation will be re%uired in order to expedite thecanceling of your account and refund any securitydeposit or credits to which you may be entitled.

We%,'te I)+ormat'o)


58/62

We%,'te I)+ormat'o)htt#/ta-:,tate:).:$,

E-(',e Ta-e,)-ire, ?nsuran!e, Li9uor, S%ortterm

Lease, toa!!o, mining, et!

@;88 !e*',&at'.e Ta- Cha)*e,Com')* Soo)= FA


59/62

ASK THE ADVISOR

Several tax presentations are available onthe FepartmentOs website.

These presentations are in the form of

powerpoint or &F( files and can bedownloaded.

o to t%e epartment 8esite, !li!. on t%e

&s. t%e &dvisor -rainingC lin. );nder Dui!.Lin.s and sele!t t%e presentation

more


60/62

ASK THE ADVISORvBasic TrainingvOnline-Filing-Registration

vRepairs & Delivery harges

v!edical

vonstructionv!odified Business Ta"

v#eases

vOther Tobacco $roductsvThe %udit $rocess

vhort term leases

v%utomotive

Ta- ')+ormat'o) o),#e('+'( ',,$e,

0h'(h area.a'&a%&e o) the

De#artme)t,0e%,'te:


61/62

Wr'tte) Re,#o),e

7ost tax issues can be addressed by theFepartment of Taxation. &lease be advisedthat any responses to in%uires made to the

Fepartment are only binding if put in writing,such as Nevada $evised Statutes,

dministrative ode, Nevada Tax Notes, or

in written correspondence.


62/62

DEPARTMENT OF TAXATIONCo)ta(t I)+ormat'o)

O$r o++'(e, are o#e) Mo)dayFr'day/;; AM 9/;; PM

So$ther) Ne.ada!*rant Sawyer 5ffice #uilding=== ). egas, N> J2// OR-== &aseo >erde &arBwaySuite /JRenderson, N> J2PK

Car,o) C'ty!/== ollege &arBwaySuite //=

arson ity, N> J2P1P20P

Re)o!K1 iet:Be Lane#uilding L, Suite -0=

Co)ta(t o$r Ca&& Ce)ter at

8JJGJ@>;5!losed during lun!%6

Documents

Basic Information for state of Naveda