Nevada § 374.385 - Reporting and payment periods
Full text of Nevada Nevada Revised Statutes § 374.385 — Reporting and payment periods, with citation guidance and answers to common questions.
§ 374.385. Reporting and payment periods
1. Except as otherwise provided in this section or required by the Department pursuant
to NRS 360B.200 , the reporting and payment period of: (a) A taxpayer whose taxable sales do not exceed $10,000 per month is a calendar quarter. (b) A taxpayer who files reports on a quarterly basis in accordance with paragraph
(a) and: (1) From whom no tax is due pursuant to this chapter for the immediately preceding
three quarterly reporting periods; or (2) Whose taxable sales do not exceed a total amount of $1,500 for the immediately
preceding four quarterly reporting periods, is 12 calendar months, unless the taxable sales of the taxpayer exceed a total amount
of $1,500 for such a 12-month reporting and payment period or $10,000 for a calendar
month. 2. The Department, if it deems this action necessary to ensure payment to or facilitate
the collection by the county of the amount of taxes, may require returns and payment
of the amount of taxes for periods other than calendar months or quarters, depending
upon the principal place of business of the seller, retailer or purchaser as the case
may be, or for other than monthly, quarterly or annual periods.
Frequently Asked Questions About Nevada § 374.385
What does Nevada Revised Statutes § 374.385 cover?
Section 374.385 ("Reporting and payment periods") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 374.385?
A common citation format is "Nevada Revised Statutes § 374.385" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 374.385 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.