Nevada § 363C.320 - Mining, quarrying and oil and gas extraction (NAICS 21)

§ 363C.320. Mining, quarrying and oil and gas extraction (NAICS 21)

1. The mining, quarrying and oil and gas extraction business category (NAICS 21) includes

all business entities primarily engaged in mining operations and mining support activities,

including, without limitation, extracting: (a) Naturally occurring mineral solids, such as coal and ores; (b) Liquid minerals, such as crude petroleum; and (c) Gases, such as natural gas. 2. Examples of business entities in this category include, without limitation: (a) Business entities operating mines, quarries or oil and gas wells on their own

account or for others on a contract or fee basis. (b) Mining support activities, including business entities that perform exploration

or other mining services, or both, on a contract or fee basis, except geophysical

surveying, mine site preparation and the construction of oil and gas pipelines. 3. As used in subsections 1 and 2, the term “ mining ” includes quarrying, well operations and beneficiating, including, without limitation,

crushing, screening, washing, flotation and other preparation customarily performed

at a mine site or as a part of mining activity. 4. The amount of the commerce tax for a business entity included in this category

is the amount obtained by subtracting $4,000,000 from the Nevada gross revenue of

the business entity for the taxable year and multiplying that amount by 0.051 percent.