Nev. Rev. Stat. § 366.386 — Special fuel dealers and special fuel manufacturers: Periodic returns and payments; reporting periods

NRS  366.386    Special fuel dealers and special fuel manufacturers: Periodic
returns and payments; reporting periods.
1.  On or before the last day of the month
following each reporting period, a special fuel dealer or special fuel
manufacturer shall file with the Department a tax return for the preceding
reporting period, regardless of the amount of tax collected, on a form
prescribed by the Department.
2.  The tax return must:
(a) Include information required by the
Department for the administration and enforcement of this chapter;
(b) Report all quantities of special fuel in
gallons; and
(c) Be accompanied by a remittance, payable to
the Department, for the amount of the tax due.
3.  Except as otherwise provided in this
subsection, the reporting period for a special fuel dealer or special fuel
manufacturer is a calendar month. Upon application by a special fuel dealer or
special fuel manufacturer, the Department may assign to the special fuel dealer
or special fuel manufacturer for a specific calendar year:
(a) A reporting period consisting of that entire
calendar year if the Department estimates, based upon the tax returns filed by
the special fuel dealer or special fuel manufacturer for the preceding calendar
year, that the special fuel dealer or special fuel manufacturer will sell not
more than 200 gallons of special fuel in this State each calendar month of that
reporting period.
(b) Two reporting periods consisting of 6
consecutive calendar months, commencing on the first day of January and July,
respectively, if the Department estimates, based upon the tax returns filed by
the special fuel dealer or special fuel manufacturer for the preceding calendar
year, that the special fuel dealer or special fuel manufacturer will sell more
than 200 gallons but not more than 500 gallons of special fuel in this State
each calendar month during those reporting periods.
(c) Four reporting periods consisting of 3
consecutive months, commencing on the first day of January, April, July and
October, respectively, if the Department estimates, based upon the tax returns
filed by the special fuel dealer or special fuel manufacturer for the preceding
calendar year, that the special fuel dealer or special fuel manufacturer will
sell more than 500 gallons but less than 5,000 gallons of special fuel in this
State each calendar month during those reporting periods.