Section 363C.475 - Revenue from financial services1. If a business entity provides financial services for a purchaser located only in this State, the gross revenue from those services is sitused to this State, regardless of where the services are provided.2. Except as otherwise provided in subsection 3, if a business entity provides financial services for a purchaser that is located both within and outside of this State, the amount of the gross revenue from those services that is sitused to this State is equal to the gross revenue from those services multiplied by a fraction, the numerator of which is the number of locations of the purchaser in this State and the denominator of which is the number of locations of the purchaser both within and outside of this State.3. If a business entity provides financial services for a purchaser that is located both within and outside of this State, the gross revenue from those services may be sitused using any reasonable, consistent and uniform method of apportionment that is supported by the business records of the business entity as they existed at the time the service was provided or within a reasonable time thereafter.Nev. Admin. Code § 363C.475
Added to NAC by Tax Comm'n by R123-15, eff. 6/28/2016NRS 360.090, 363C.100, 363C.220