Monthly reports of dealers: Contents; accompaniment by tax owed; penalties.
1. A wholesale dealer shall, not later than 20 days after the end of each month, submit to the Department a report on a form prescribed by the Department setting forth each sale of products made from tobacco, other than cigarettes, that the wholesale dealer made during the previous month.
2. Each report submitted pursuant to this section on or after August 20, 2001, must be accompanied by the tax owed pursuant to NRS 370.450 for products made from tobacco, other than cigarettes, that were sold by the wholesale dealer during the previous month.
3. The Department may impose a penalty on a wholesale dealer who violates any of the provisions of this section as follows:
(a) For the first violation within 7 years, a fine of $1,000.
(b) For a second violation within 7 years, a fine of $5,000.
(c) For a third or subsequent violation within 7 years, revocation of the license of the wholesale dealer.
Last modified: February 27, 2006