Do you need to collect and remit sales tax in Nevada?
If you have economic or physical nexus in Nevada, you must collect and remit sales tax to the state. Use tax is typically imposed on property purchased outside of Nevada without tax. Sales tax is measured by gross receipts from retail sales.
Note: Many retailers now use marketplace facilitators such as Amazon and Etsy to sell their product. The sales you make through these facilitators do not count toward having economic nexus in Nevada.
Do you have sales tax nexus in Nevada?
There are two types of nexuses in every state: Economic and Physical.
Physical sales tax nexus in Nevada
Nevada constitutes Physical sales tax nexus as a business having a physical presence within its borders. Examples of physical nexus include:
- Owning or maintaining an office in Nevada
- Having employees or agents present within the state
- Owning or maintaining a storefront in Nevada
Economic sales tax nexus in Nevada
According to the Nevada Department of Taxation: “Economic nexus laws apply to any business that makes sales into states in which they have no physical presence but meet the state’s sales and/or transactions thresholds.” The sales and transaction thresholds in Nevada are:
- $100,000 or more gross sales in the previous or current calendar year
- 200 or more transactions into the state
Note that the sales threshold includes gross receipts of taxable and nontaxable sales.
Are marketplace facilitators required to collect and remit sales tax in Nevada?
In 2018, a case called South Dakota v. Wayfair changed the way sales and use taxation works in the US. The Supreme Court decided that states can require businesses that sell their products remotely to collect and pay sales or use tax for products delivered within their state. This decision led to the creation of economic sales tax thresholds in many states, and it also allowed states to require online marketplaces to collect and remit taxes on behalf of their sellers. So, if you’re a remote seller and you use a Marketplace Facilitator registered with Nevada, you don’t need to worry about reporting the taxes collected on your sales – the Marketplace Facilitator will take care of that for you.
What platforms are marketplace facilitators?
Platforms that are considered marketplace facilitators are:
Not sure what a marketplace facilitator is? In short, marketplace facilitators are companies that provide a platform or service for third-party sellers (you) to sell their products or services to customers. The facilitator collects payment from the customer, processes the transaction, and may also manage shipping and returns.
Filing Nevada Sales Tax
If you determine you have nexus in Nevada, you must first Register for a Nevada Sales Tax Permit before you can begin filing your returns. To obtain this permit, complete the Nevada Business Registration either online or using the paper form. Note: The application is accompanied by a fee of $15.00 for each business location.
Once you have your permit, you can report and pay your Nevada sales and use tax one of two ways:
- Online using the Nevada Tax Center
- Filling out and mailing NVTF-REV-14 paper form. Note: If your tax payment is $10,000 or more, the payment must be made online.
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When are sales tax returns due in Nevada?
When you register with the Nevada Tax Center, a filing frequency is assigned to you depending upon the amount of sales tax you collect. Most retailers, (especially out-of-state), are assigned a monthly reporting frequency. See the table below for a more detailed look at Nevada filing frequencies and their due dates.