Nevada Establishes Sales Tax Exempt Organization Criteria

The Nevada Governor signed a law concerning taxation. The law includes: 1) establishing criteria for the Department of Taxation and the Nevada Tax Commission to use to determine whether an organization satisfies the requirements to be exempt from sales and use taxes as a charitable organization; and 2) requiring the Department of Taxation to provide to an organization that does not qualify for an exemption as a religious, charitable or educational organization a full explanation outlining the reasons why the organization does not qualify and the procedure to appeal such a determination. The law takes effect on July 1. [A.B. ...