Statutes, codes, and regulations
Nevada Administrative Code
Chapter 372 - Sales and Use TaxesLEASES, RENTALS AND CERTAIN OTHER TRANSFERS
Property Purchased After June 15, 2005
Section 372.936 - Lease or rental of tangible personal property constitutes sale

Nev. Admin. Code § 372.936

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Current through December 31, 2024
Section 372.936 - Lease or rental of tangible personal property constitutes sale
1. A lease or rental of tangible personal property shall be deemed to constitute a transaction in lieu of a transfer of title, exchange or barter pursuant to the provisions of subsection 2 of NRS 372.060.
2. A lease or rental of tangible personal property for any purpose other than sublease or subrent constitutes a retail sale.

Nev. Admin. Code § 372.936

Added to NAC by Tax Comm'n by R105-09, eff. 11-25-2009

NRS 360.090, 360B.110, 372.060, 372.725