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North Las Vegas Nevada Form 941c: What You Should Know
Tax credits will not be affected by the enactment of this bill. Senate Bill 551 — Tax Credit for Sales A temporary exemption from federal taxation for sales of goods and services in Nevada is a state tax credit that has been in effect since 1962. This bill would extend the exemption for sales of certain services to April 1, 2023. Nevada and the Federal Government are currently engaged in litigation related to issues of state and federal tax credits for certain sales in Nevada. Accordingly, no additional state taxes would be assessed on taxable supplies under SB. 551. Legislation has also been introduced to amend SB.
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