Nevada Revised Statutes 360B.220 – Responsibility and liability of person that provides and seller that uses certified automated system; liability of seller for proprietary system
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1. A person that provides a certified automated system is:
Terms Used In Nevada Revised Statutes 360B.220
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
(a) Responsible for the proper functioning of that system; and
(b) Liable to this state for underpayments of tax attributable to errors in the functioning of the certified automated system.
2. A seller that uses a certified automated system remains responsible and is liable to this state for reporting and remitting tax.
3. A seller that has a proprietary system for determining the amount of tax due on transactions and has signed an agreement establishing a performance standard for that system is liable for the failure of the system to meet the performance standard.