Nev. Rev. Stat. § 375.23 — Imposition of additional tax; rate and collection of tax; disposition of proceeds; reimbursement for cost of collection

NRS  375.023    Imposition of additional tax; rate and collection of tax;
disposition of proceeds; reimbursement for cost of collection.
1.  In addition to all other taxes imposed
on transfers of real property, a tax, at the rate of $1.30 on each $500 of value
or fraction thereof, is hereby imposed on each deed by which any lands,
tenements or other realty is granted, assigned, transferred or otherwise
conveyed to, or vested in, another person, or land sale installment contract,
if the consideration or value of the interest or property conveyed exceeds
$100.
2.  The amount of the tax must be computed
on the basis of the value of the transferred property as declared pursuant to NRS 375.060 .
3.  The county recorder of each county
shall collect the tax in the manner provided in NRS 375.030 , except that the amount
collected must be transmitted to the State Controller for deposit in the State
General Fund within 30 days after the end of the calendar quarter during which
the tax was collected.
4.  The county recorder of each county may
deduct and withhold from the taxes collected 1 percent of those taxes to
reimburse the county for the cost of collecting the tax.