NRS 363C.140
Method of accounting.

A business entity’s method of accounting for gross revenue for a taxable year for the purposes of determining the amount of the commerce tax owed by the business entity must be the same as the business’s method of accounting for federal income tax purposes for the business’s federal taxable year which includes that calendar quarter. If a business entity’s method of accounting for federal income tax purposes changes, its method of accounting for gross revenue pursuant to this chapter must be changed accordingly.
IMPOSITION AND COLLECTION

Source: Section 363C.140 — Method of accounting., https://www.­leg.­state.­nv.­us/NRS/NRS-363C.­html#NRS363CSec140.

Last Updated

Jun. 24, 2021

§ 363C.140’s source at nv​.us