Nev. Admin. Code § 363C.220 — 363C.220

NAC 363C.220    Requirement to file Nevada Commerce Tax Return; simplified
reporting method for business entity with gross revenue less than $4,000,000. ( NRS 360.090 , 363C.100 , 363C.200 )
1.  Each business entity engaging in a
business in this State during a taxable year must file a Nevada Commerce Tax
Return for that taxable year pursuant to subsection 2 of NRS 363C.200 , regardless of
whether the business entity is liable for payment of the commerce tax pursuant
to NRS 363C.300 to 363C.560 , inclusive.
2.  A business entity engaging in a business
in this State whose Nevada gross revenue for a taxable year is less than
$4,000,000 shall provide on its Nevada Commerce Tax Return only the following
information:
(a) The taxable year;
(b) The tax identification number issued to the
business entity by the Department;
(c) The NAICS code that corresponds to the business
category in which the business entity is primarily engaged, as set forth in NRS 363C.310 to 363C.550 , inclusive, or, if the
NAICS code of the business entity does not correspond to a business category
set forth in those sections, the NAICS code of the business entity;
(d) The legal name and address of the business
entity; and
(e) The affirmation of the business entity or the
business entity’s authorized representative, signed under penalty of perjury,
that the Nevada gross revenue of the business entity for the taxable year was
less than $4,000,000.
(Added to NAC by Tax Comm’n by R123-15, eff. 6-28-2016)