Section 368A.500 - Maintenance and availability of records of taxpayers1. A taxpayer, operator or ticket service provider shall: (a) Record all sales which are taxable pursuant to chapter 368A of NRS in a manner that reflects the amount of each taxable sale, unless the taxpayer, operator or ticket service provider uses an alternative accounting procedure approved by the Chair. The taxpayer is responsible for:
(1) Ensuring that an operator or a ticket service provider selling admission to a facility where live entertainment is provided which is located on the premises of the taxpayer's licensed gaming establishment properly records all sales that are taxable pursuant to chapter 368A of NRS and creates and retains all required documentation.(2) Obtaining and keeping detailed transaction reports of an operator or a ticket service provider selling or distributing taxable admissions to a facility where live entertainment is provided which is located on the premises of the taxpayer's licensed gaming establishment.(b) Keep records evidencing any exclusion or exemption from the tax imposed by chapter 368A of NRS of live entertainment provided at the licensed gaming establishment.(c) Make its records available for audit by the Board at any reasonable time.2. A taxpayer shall obtain and keep each contract entered into with an operator or a ticket service provider selling or distributing taxable admissions to a facility where live entertainment is provided which is located on the premises of the taxpayer's licensed gaming establishment.Nev. Admin. Code § 368A.500
Added to NAC by Gaming Control Bd. by R223-03, 2-25-2004, eff. 1-1-2004; A by R104-15A, eff. 11/2/2016