Nev. Admin. Code § 372B.230 - Calculation of amount of tax due
Current through October 13, 2021
In determining the amount of the excise tax on passenger transportation due from a taxpayer:
Notes
NRS 360.090, 372B.110
The following state regulations pages link to this page.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
NAC 372B.230 Calculation of amount of tax due. (NRS 360.090, 372B.110) In determining the amount of the excise tax on passenger transportation due from a taxpayer:
1. A transportation network company, common motor carrier of passengers or certificate holder shall multiply the tax rate by the total of all amounts charged to its customer for transportation services, including, without limitation, all fees, surcharges, technology fees, convenience charges for the use of a credit or debit card and any other amount that is part of the fare.
2. 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.
(Added to NAC by Tax Comm’n by R068-15, eff. 6-28-2016)