Section 372A.160 - Payment of tax; monthly return1. Each taxpayer shall, on or before the last day of the month immediately following each month for which the taxpayer is subject to the imposition of the excise tax on cannabis, file with the Department a return on a form prescribed by the Department and remit to the Department any tax due for the month covered by the return. Each taxpayer shall file a return even if the taxpayer has no liability for the tax.2. Each taxpayer shall keep all supporting documentation for verification that the applicable excise tax on cannabis was properly reported and paid.3. The Department may require a cannabis establishment to submit a financial statement as determined to be necessary by the Department to ensure the collection of any taxes which may be owed by the cannabis establishment.Nev. Admin. Code § 372A.160
Added to NAC by Tax Comm'n by R073-13, eff. 6-23-2014; A by R108-20A, eff. 4/11/2022; A by R052-23A, eff. 12/19/2024