Fair, Anderson Langerman
Change to Filing Requirement for Commerce Tax
Updated: Feb 24, 2020
Effective June 2019
Late last week Nevada announced that State businesses with gross revenue of $4 million or less are no longer required to file a state Commerce Tax return.
If the Nevada gross revenue for your business from July 1, 2018 through June 30, 2019 was $4 million or less, your commerce tax account will be automatically closed, effective June 30, 2019.
If Nevada gross revenue for your business exceeded $4 million from July 1, 2018 through June 30, 2019, your business is still required to file a Commerce Tax Return on or before August 14th, 2019.
Please contact us with questions or for more information about the Commerce Tax, including the change in filing requirements.
Click the link below for State provided Commerce Tax Guidance.