Nev. Admin. Code § 372.640

Current through December 31, 2024

Section 372.640 - Newspapers: Resale certificates

1. A certificate in the following form may be taken from publishers by their vendors to support deductions taken pursuant to NAC 372.630:

I hereby certify that I hold valid seller's permit number .......... issued pursuant to chapters 372, 374 and 377 of the Nevada Revised Statutes; that I am engaged in the business of selling or publishing ................................(name and type of newspaper); that the tangible personal property described in the second paragraph of this certificate, which I purchase from ................................, will be resold by me in the form of tangible personal property or will become a part of a newspaper regularly issued at average intervals not exceeding 1 week. I further certify that, in the event any of the property is used for any purpose other than that specified above or other than retention, demonstration or display while holding it for sale in the regular course of business, I will report and pay the tax measured by the purchase price of the property.

Description of the property to be purchased:

..................................................................................................................................................

Purchaser....................................................................

Address

Dated: .......... (day) of ............ (month) of ........ (year)

at.....................................................

........................................................

Signature of Authorized Purchaser

2. A publisher who makes no sales other than newspapers included within the exemption provided in section 61 of chapter 397, Statutes of Nevada 1955, (NRS 372.315) is not required to hold a seller's permit. The above certificate form may be used with a reference in the space for the permit number to a footnote which states:

No permit held since the oversigned sells no tangible personal property other than newspapers.

Nev. Admin. Code § 372.640

Tax Comm'n, Combined Sales and Use Tax Ruling part No. 32, eff. 5-1-68; A 1-16-71-NAC A by Dep't of Taxation, 9-19-90

NRS 360.090, 372.165, 372.235, 372.725