Nev. Rev. Stat. § 372.326

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 372.326 - Personal property sold by or to nonprofit organization created for religious, charitable or educational purposes

There are exempted from the taxes imposed by this act the gross receipts from the sale of, and the storage, use or other consumption in this State of, any tangible personal property sold by or to a nonprofit organization created for religious, charitable or educational purposes. The Legislature shall establish:

1. Standards for determining whether an organization is created for religious, charitable or educational purposes.

2. Procedures for administering the provisions of this section.

NRS 372.326

[50.1:397:1995]-(Added in 1996. Proposed by the 1995 Legislature; adopted by the people at the 1996 general election, effective January 1, 1997. See Statutes of Nevada 1995, p. 1436.)

[50.1:397:1995] - (Added in 1996. Proposed by the 1995 Legislature; adopted by the people at the 1996 general election, effective 1/1/1997. See Statutes of Nevada 1995, p. 1436.)