Nev. Rev. Stat. § 374.30 — “Gross receipts” defined

1.  “Gross receipts” means the total amount
of the sale or lease or rental price, as the case may be, of the retail sales
of retailers, valued in money, whether received in money or otherwise, without
any deduction on account of any of the following:
(a) The cost of the property sold. However, in
accordance with such rules and regulations as the Department may prescribe, a
deduction may be taken if the retailer has purchased property for some other
purpose than resale, has reimbursed his or her vendor for tax which the vendor
is required to pay to the county or has paid the use tax with respect to the
property, and has resold the property before making any use of the property
other than retention, demonstration or display while holding it for sale in the
regular course of business. If such a deduction is taken by the retailer, no
refund or credit will be allowed to his or her vendor with respect to the sale
of the property.
(b) The cost of the materials used, labor or
service cost, interest paid, losses or any other expense.
(c) The cost of transportation of the property
before its sale to the purchaser.
2.  The total amount of the sale or lease
or rental price includes all of the following:
(a) Any services that are a part of the sale.
(b) All receipts, cash, credits and property of
any kind.
(c) Any amount for which credit is allowed by the
seller to the purchaser.
3.  “Gross receipts” does not include any
of the following:
(a) Cash discounts allowed and taken on sales.
(b) The sale price of property returned by
customers when the full sale price is refunded either in cash or credit, but
this exclusion does not apply in any instance when the customer, in order to
obtain the refund, is required to purchase other property at a price greater
than the amount charged for the property that is returned.
(c) The price received for labor or services used
in installing or applying the property sold.
(d) The amount of any tax, not including any
manufacturers’ or importers’ excise tax, imposed by the United States upon or
with respect to retail sales, whether imposed upon the retailer or the
consumer.
(e) The amount of any allowance against the
selling price given by a retailer for the value of a used vehicle which is
taken in trade on the purchase of another vehicle.
4.  For purposes of the sales tax, if the
retailers establish to the satisfaction of the Department that the sales tax
has been added to the total amount of the sale price and has not been absorbed
by them, the total amount of the sale price shall be deemed to be the amount
received exclusive of the tax imposed.