Nev. Rev. Stat. § 363A.120 — Excise tax on banks: Imposition, amount and payment; filing of return

NRS  363A.120    Excise tax on banks: Imposition, amount and payment; filing of
return.
1.  There is hereby imposed an excise tax
on each bank at the rate of $1,750 for each branch office maintained by the
bank in this State in excess of one branch office maintained by the bank in
each county in this State on the first day of each calendar quarter.
2.  Each bank that maintains more than one
branch office in any county in this State on the first day of a calendar
quarter shall, on or before the last day of the first month of that calendar
quarter:
(a) File with the Department a return on a form
prescribed by the Department; and
(b) Remit to the Department any tax due pursuant
to this section for the branch offices maintained by the bank in this State on
the first day of that calendar quarter.
3.  For the purposes of this section:
(a) “Bank” means:
(1) A corporation or limited-liability
company that is chartered by this State, another state or the United States
which conducts banking or banking and trust business; or
(2) A foreign bank licensed pursuant to chapter 666A of NRS.
Ê The term
does not include a financial institution engaging in business pursuant to chapter 677 of NRS, a credit union organized
under the provisions of chapter 672 of NRS or
the Federal Credit Union Act, or any person or other entity this State is
prohibited from taxing under the Constitution, laws or treaties of the United
States or the Nevada Constitution.
(b) “Branch office” means any location or
facility of a bank where deposit accounts are opened, deposits are accepted,
checks are paid and loans are granted, including, but not limited to, a brick
and mortar location, a detached or attached drive-in facility, a seasonal
office, an office on a military base or government installation, a station or
unit for paying and receiving, and a location where a customer can open
accounts, make deposits and borrow money by telephone or through use of the
Internet, and excluding any automated teller machines, consumer credit offices,
contractual offices, customer bank communication terminals, electronic fund
transfer units and loan production offices.