Nevada § 374.371 Computation of amount of taxes due

Nevada Statutes

§ 374.371 — Computation of amount of taxes due

Nevada § 374.371

Title 32REVENUE AND TAXATION

Ch. 374Local

RETURNS AND PAYMENTS

This text of Nevada § 374.371 (Computation of amount of taxes due) 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. § 374.371 (2026).

Text

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.

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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.