Nevada § 370.490 Allowance of credits. [Effective through June 30, 2027.]

Nevada Statutes

§ 370.490 — Allowance of credits. [Effective through June 30, 2027.]

Nevada § 370.490

Title 32REVENUE AND TAXATION

Ch. 370Tobacco:

OTHER TOBACCO PRODUCTS

This text of Nevada § 370.490 (Allowance of credits. [Effective through June 30, 2027.]) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 370.490 (2026).

Text

1.The Department shall allow a credit of the amount of the tax paid pursuant to NRS 370.450 , not including any amount of the tax retained by the wholesale dealer of other tobacco products to cover the costs of collecting and administering the tax, for other tobacco products that may no longer be sold. If the other tobacco products have been purchased and delivered, a credit memo of the manufacturer is required for proof of returned merchandise.

2.A credit must also be granted for any other tobacco products shipped from this State and destined for retail sale and consumption outside the State on which the tax has previously been paid. A duplicate or copy of the invoice is required for proof of the sale outside the State.

3.A wholesale dealer of other tobacco products may claim a credit

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1. The Department shall allow a credit of the amount of the tax paid pursuant to NRS 370.450 , not including any amount of the tax retained by the wholesale dealer of other tobacco products to cover the costs of collecting and administering the tax, for other tobacco products that may no longer be sold. If the other tobacco products have been purchased and delivered, a credit memo of the manufacturer is required for proof of returned merchandise.
2. A credit must also be granted for any other tobacco products shipped from this State and destined for retail sale and consumption outside the State on which the tax has previously been paid. A duplicate or copy of the invoice is required for proof of the sale outside the State.
3. A wholesale dealer of other tobacco products may claim a credit by filing with the Department the proof required by this section. The claim must be made on a form prescribed by the Department.

Legislative History

(Added to NRS by 1983, 708 ; A 1989, 1597 ; 2001, 1597 ; 2003, 20th Special Session, 20 ; 2008, 25th Special Session, 19 ; 2009, 2097 ; 2015, 2498 ; 2019, 638 ; 2023, 3354 )