Nev. Admin. Code § 372.625

Current through October 11, 2024

Section 372.625 - Textbooks

1. To qualify for an exemption pursuant to NRS 372.287 and 374.292, a book must be:

(a) Authorized for use as a textbook within the Nevada System of Higher Education by the Board of Regents or its designee; and

(b) Purchased from a retailer in Nevada by a student who is enrolled at a university or college that is a part of the Nevada System of Higher Education.

2. Each retailer shall:

(a) Maintain the records of sales of exempt textbooks separately from the records of sales of other tangible personal property; and

(b) Ensure that the records of sales of exempt textbooks are adequate to substantiate the exemption.

Nev. Admin. Code § 372.625

Added to NAC by Tax Comm'n, eff. 9-13-91

NRS 360.090, 372.287, 372.725, 372.735, 374.292, 374.725, 374.740