Section 368A.525 - Over-collection of tax: Duties of taxpayer and Board; refund to patron; payment of over-collection to Board under certain circumstances1. Any over-collection must, if possible, be refunded by the taxpayer to the patron from whom it was collected.2. The taxpayer shall: (a) Use all practical methods to determine any amount to be refunded pursuant to subsection 1 and the name and address of the person to whom the refund is to be made.(b) Within 60 days after reporting to the Board that a refund must be made, make an accounting to the Board of all refunds paid. The accounting must be accompanied by any supporting documents required by the Board.3. If a taxpayer is unable for any reason to refund an over-collection, the taxpayer shall pay the over-collection to the Board for deposit in the State Treasury for credit to the State General Fund.4. If an audit of a taxpayer reveals the existence of an over-collection, the Board shall: (a) Credit the over-collection toward any deficiency that results from the audit, if the taxpayer furnishes the Board with satisfactory evidence that the taxpayer has refunded the over-collection as required by subsection 1.(b) Within 60 days after receiving notice from the Board that a refund must be made, seek an accounting of all refunds paid. The accounting must be accompanied by any supporting documents required by the Board.5. As used in this section, "over-collection" means any amount collected as a tax on live entertainment that is exempt from taxation pursuant to subsection 4 of NRS 368A.200 or any amount in excess of the amount of the applicable tax as computed in accordance with subsections 1, 2 and 3 of NRS 368A.200.Nev. Admin. Code § 368A.525
Added to NAC by Gaming Comm'n by R104-15A, eff. 11/2/2016