ANNUAL REPORT - Nevada

State of Nevada

DEPARTMENT OF TAXATION

ANNUAL REPORT

Fiscal 2013 - 2014

TABLE OF CONTENTS

I. DEPARTMENT OF TAXATION

MISSION STATEMENT--------------------------------------------------------------------------------------------- 3 ORGANIZATIONAL CHARTS------------------------------------------------------------------------------------- 4 TOTAL DEPARTMENT TAX REVENUES AND DISTRIBUTIONS--------------------------------------- 9 STATUTORY AUTHORITY; BOARDS AND COMMISSIONS--------------------------------------------- 10 DEPARTMENT ADMINISTRATION, ORGANIZATION AND FUNCTION------------------------------ 12 DEPARTMENT FINANCIAL STATEMENT--------------------------------------------------------------------- 14

II. SALES, USE AND MODIFIED BUSINESS TAXES

COMPONENTS OF SALES AND USE TAX RATES---------------------------------------------------------15 CERTIFIED POPULATION----------------------------------------------------------------------------------------- 18 SALES AND USE TAX REVENUE------------------------------------------------------------------------------- 19 LOCAL SCHOOL SUPPORT TAX REVENUE-----------------------------------------------------------------21 BASIC CITY/COUNTY RELIEF TAX REVENUE-------------------------------------------------------------- 23 SUPPLEMENTAL CITY/COUNTY RELIEF TAX REVENUE----------------------------------------------- 25 LOCAL OPTION SALES AND USE TAX REVENUE---------------------------------------------------------29 STAR BOND REVENUE-------------------------------------------------------------------------------------------- 32 TAXABLE SALES COMPARISON-------------------------------------------------------------------------------- 33 CONSOLIDATED TAX-----------------------------------------------------------------------------------------------34 BUSINESS LICENSE FEE------------------------------------------------------------------------------------------38 MODIFIED BUSINESS TAX----------------------------------------------------------------------------------------39

III. EXCISE TAXES

LIVE ENTERTAINMENT TAX--------------------------------------------------------------------------------------41 BANK EXCISE TAX-------------------------------------------------------------------------------------------------- 42 INSURANCE PREMIUM TAX--------------------------------------------------------------------------------------43 CIGARETTE AND OTHER TOBACCO PRODUCTS TAX REVENUE-----------------------------------45

TRANSFER OF CIGARETTE TAX REVENUE------------------------------------------------------------ 49

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TABLE OF CONTENTS

Excise Taxes (continued) LIQUOR TAX REVENUE--------------------------------------------------------------------------------------------50 TRANSFER OF LIQUOR TAX REVENUE------------------------------------------------------------------54 ALCOHOLIC BEVERAGE GROWTH----------------------------------------------------------------------------55 LODGING TAX-------------------------------------------------------------------------------------------------------- 57 ESTATE TAX---------------------------------------------------------------------------------------------------------- 58 DISTRIBUTION OF ESTATE TAX REVENUE------------------------------------------------------------ 59 TIRE TAX--------------------------------------------------------------------------------------------------------------- 60 GOVERNMENT SERVICES FEE--------------------------------------------------------------------------------- 61 MEDICAL MARIJUANA TAX--------------------------------------------------------------------------------------- 63

IV. LOCAL GOVERNMENT SERVICES

LOCAL GOVERNMENT SERVICES OVERVIEW------------------------------------------------------------ 64 CERTIFICATION OF APPRAISERS----------------------------------------------------------------------------- 67 STATE BOARD OF EQUALIZATION---------------------------------------------------------------------------- 68 ASSESSED VALUATIONS----------------------------------------------------------------------------------------- 70 REAL PROPERTY TRANSFER TAX---------------------------------------------------------------------------- 72 NET PROCEEDS OF MINERALS-------------------------------------------------------------------------------- 74 MINING PROPERTIES---------------------------------------------------------------------------------------------- 77 PROPERTY TAXES - CENTRALLY ASSESSED PROPERTIES---------------------------------------- 78 LOCAL GOVERNMENT FINANCE------------------------------------------------------------------------------- 82

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Department of Taxation

Tax Commission Robert R. Barengo - Chairman Deonne E. Contine ? Executive Director

Mission

Provide fair, efficient and effective administration of tax programs for the State of Nevada in accordance with applicable statutes, regulations and policies. Serve the taxpayers, State and Local Government Entities, and enable and recognize Department employees.

Philosophy

Dedicated to the highest standards of professionalism and ethical conduct; committed to consistent, impartial and courteous service and treatment. Providing resources, training and support to the men and women of the Department, and fostering initiative, creativity and effective performance.

Goals

1. Ensure the stable administration of tax statutes. 2. Improve compliance through education, information and enforcement. 3. Cooperate with other agencies and entities to better serve taxpayers. 4. Provide improved and more efficient service. 5. Assure the fair and equitable treatment of taxpayers. 6. Enhance workforce proficiency through training and communication. 7. Improve tax administration through new technology.

Please visit our Web Site at or one of our offices at the following locations

Main Office: 1550 College Parkway, Suite 100 Carson City, NV 89706

Mailing: 1550 College Parkway, Suite 115 Carson City, NV 89706

Las Vegas District Office: Grant Sawyer Office Building 555 E. Washington Ave, Suite 1300 Las Vegas, NV 89101 Phone: (702) 486-2300 Fax: (702) 486-2373

Reno District Office: Kietzke Plaza 4600 Kietzke Lane Building L, Suite 235 Reno, NV 89502 Phone: (775) 687-9999 Fax: (775) 688-1303

Phone: (775) 684-2000 Fax: (775) 684-2020 In-State Toll Free: (800) 992-0900

Henderson Field Office: 2550 Paseo Verde Pkwy, Suite 180 Henderson, NV 89074 Phone: (702) 486-2300 Fax: (702) 486-3377

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