Nev. Rev. Stat. § 363C.140 — Method of accounting

A
business entity’s method of accounting for gross revenue for a taxable year for
the purposes of determining the amount of the commerce tax owed by the business
entity must be the same as the business’s method of accounting for federal
income tax purposes for the business’s federal taxable year which includes that
calendar quarter. If a business entity’s method of accounting for federal
income tax purposes changes, its method of accounting for gross revenue
pursuant to this chapter must be changed accordingly.

IMPOSITION AND COLLECTION