Nev. Rev. Stat. § 372.265 — Constitutional and statutory exemptions

There are exempted from the taxes imposed by
this chapter the gross receipts from the sale of, and the storage, use or other
consumption in this State of, tangible personal property the gross receipts from
the sale of which, or the storage, use or other consumption of which, this
State is prohibited from taxing under the Constitution or laws of the United
States or under the Constitution of this State.