Nevada Revised Statutes Section 365.170 - Revenue and Taxation

Rates of taxes on aviation fuel and fuel for jet or turbine-powered aircraft; duties of dealers. Except as otherwise provided in NRS 365.135, every dealer shall, not later than the last day of each calendar month:

1. Render to the Department a statement of all aviation fuel and fuel for jet or turbine-powered aircraft sold, distributed or used by him in this State, as well as all such fuel sold, distributed or used in this State by a purchaser thereof upon which sale, distribution or use the dealer has assumed liability for the tax thereon pursuant to NRS 365.020, during the preceding calendar month; and

2. Pay an excise tax on:

(a) All fuel for jet or turbine-powered aircraft in the amount of 1 cent per gallon, plus any applicable amount imposed pursuant to NRS 365.203; and

(b) Aviation fuel in the amount of 2 cents per gallon, plus any applicable amount imposed pursuant to NRS 365.203,

Ê so sold, distributed or used, in the manner and within the time prescribed in this chapter.

Last modified: February 27, 2006