Nevada Tax Form Notes (Page 2 of 4) in pdf

In the future, all SUT, BL and MBT correspondence from

assume the purchaser is in the business of selling the

the

Department

will

reference

the

taxpayer’s

type of products being purchased.

identification number (TID).

A vendor’s responsibility to collect sales tax for sales of

In addition to the 10-digit Taxpayer Identification Number

tangible personal property in Nevada is only relieved

(TID), a 3-digit prefix will be printed on BL renewals,

upon receipt of a completed and signed resale certificate

MBT and SUT returns to identify the associated tax and

containing a valid resale number or other documentary

form type. For example, a SUT return will have the

evidence that a sale is to a tax-exempt entity. Sellers

3-digit prefix and the TID printed on the sales/use tax

should take care not to accept copies of resale permits

returns in the following format:

or verbal representation that the purchaser has a valid

resale number.

001-TX-1234567890

If you are unsure of the taxpayer’s status upon receipt of

Please contact your tax preparer and share this

a resale certificate, the Department upon request will

information with them, so that necessary updates are

verify whether a taxpayer is a seller or consumer. In

made for your own record keeping purposes.

addition, sellers should be aware that a new resale

certificate must be obtained if the business ownership

TAS will also enable the Department of Taxation to

changes.

become more efficient in notifying taxpayers when they

have become delinquent in any tax filing; processing

deficiency determinations on non-filed tax returns; and

Where can I get blank "resale certificates”?

notifying taxpayers of bond requirements.

When a

A blank resale certificate form may be downloaded from

taxpayer’s account becomes delinquent, they will

the Departmental website at:

immediately receive notification and be asked to file the

. Blank

tax return within a specific amount of time. If the tax

resale certificate forms/cards may also be purchased at

return is not filed, a deficiency determination will be

most office supply/stationery stores. It is important to

computed using the best information available to the

make sure that the form you acquire complies with

Department and the taxpayer will be billed. As with all

Nevada Administrative Code (NAC) 372.730, which

determinations, the taxpayer will have 45 days to submit

shows what the form must include. For example, a

the assessment for the deficiency determination or

resale certificate may be in the following format and

petition the determination.

MUST contain all the information stipulated:

RESALE NUMBERS

SAMPLE RESALE CERTIFICATE:

With the transition to the Department’s new UTS

computer system, new account numbers have been

I hereby certify that I hold a valid seller's permit number

assigned to each taxpayer. The new account numbers

…………….., issued pursuant to Chapters 372, 374, and

are randomly assigned in the following sequence:

377 of the Nevada Revised Statutes; that I am engaged

100xxxxxxx – xxx. Resale certificates should be updated

in the business of selling…………………………; and that

periodically for accuracy. Anyone needing to clarify the

the tangible personal property described in the second

validity of an account number as a valid resale number

paragraph of this certificate, which I purchased from:

should contact their local office of the Department.

………………………, will be resold by me in the form of

tangible personal property. I further certify that in the

event any of the property is used for any purpose other

RESALE CERTIFICATES:

than retention, demonstration or display while I am

FREQUENTLY ASKED QUESTIONS

holding it for sale in the regular course of business, it is

understood that I am required by Chapters 372, 374, and

What is a "resale certificate”? How is it used?

377 of the Nevada Revised Statutes to report it and pay

If tangible personal property is being purchased by

the tax measured by the purchase price of the property.

someone who is going to resell the product at retail, or

Description

the

property

purchased:

incorporate the property into a final product for sale or

…………………………………………………………………

resale, that purchaser can provide the vendor with a

Purchaser: …………………………………………………...

"resale certificate." The certificate is signed and dated by

Address: ……………………………………………………..

the purchaser, and it represents the purchaser's

Dated: ……….…199…. At………………………..………..

assurance that the property is for eventual sale.

…………………………………………………………………

It is the retailer's responsibility to use reasonable care

Signature of Authorized Purchaser.

when exempting a transaction from sales tax based on a

"resale certificate." Technically known as "good faith

The description of the property to be purchased must

acceptance," this means that it must be reasonable to

include either: An itemized list of the property to be

Nevada Tax Form Notes Page 2

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