Nevada Revised Statutes
Chapter 360B - Sales and Use Tax Administration
NRS 360B.365 - Lease or rental of tangible personal property generally.

1. Except as otherwise provided in this section and NRS 360B.355, 360B.370 and 360B.375, the lease or rental of tangible personal property shall be deemed to take place as follows:
(a) If the lease or rental requires recurring periodic payments, for the purposes of:
(1) The first periodic payment, the location of the lease or rental shall be deemed to take place at the location determined pursuant to NRS 360B.360; and
(2) Subsequent periodic payments, the location of the lease or rental shall be deemed to take place at the primary location of the property. For the purposes of this subparagraph, the primary location of the property shall be deemed to be the address for the property provided by the lessee and set forth in the records maintained by the lessor in the ordinary course of business, regardless of the intermittent use of the property at different locations, unless the use of that address would constitute bad faith.
(b) If the lease or rental does not require recurring periodic payments, the location of the lease or rental shall be deemed to take place at the location determined pursuant to NRS 360B.360.
2. This section does not apply to the determination of any liability of a seller for any sales or use taxes imposed on:
(a) The acquisition of tangible personal property for lease; or
(b) Any accelerated or lump-sum payments made pursuant to a lease or rental of tangible personal property.
(Added to NRS by 2003, 2355; A 2005, 1778)

Structure Nevada Revised Statutes