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Home > Learning Center > Business Taxation Explained > Company Taxation General FAQ's
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Business Taxation Explained  
Company Taxation General FAQ's  
What is Nevada USE TAX? Do I need to pay it or register for it?  
The Dept. of Taxation statement that “Every Business that needs a State Business License must also register for Use Tax” is a misrepresentation.

Per NRS 372 Sec 185 USE TAX is:

“An excise tax imposed on the storage, use or other consumption in this State of tangible personal property purchased from any retailer … for storage, use or other consumption in this State…the tax is imposed with respect to all property which was acquired out of state in a transaction that would have been a taxable sale if it had occurred within this State”

So, only Nevada Entities that “Store, Use or Consume” property in the State of Nevada need to register for USE TAX.

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