Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 370.195 — Due date for deferred payment owing for revenue stamps; extension; conditions under which Department may suspend without notice privilege to defer payment
NRS 370.195 Due date for deferred payment owing for revenue stamps;
extension; conditions under which Department may suspend without notice
privilege to defer payment.
1. The amount owing for revenue stamps for
which payment was deferred in any calendar month is due on or before the 25th
day of the following calendar month. Payment must be made by a remittance
payable to the Department.
2. Upon request of the wholesale dealer
for good cause shown, the Department may grant an extension of the due date of
any deferred payment for a period not exceeding 5 days.
3. The Department may suspend without
prior notice the privilege to defer payment for the purchase of revenue stamps
or may reduce the maximum amount of revenue stamps which the wholesale dealer
may have unpaid at any time if:
(a) The wholesale dealer fails to pay for stamps
at the times required by subsection 1;
(b) The bond or bonds required pursuant to NRS 370.589 are cancelled or become void,
impaired or unenforceable for any reason; or
(c) The Department determines that any deferred
payments are in jeopardy of not being paid.
Source: official text