{"data":{"id":"us-nv/nrs-363c.140","jurisdiction":"us-nv","citation":"NRS 363C.140","heading":"Method of accounting.","body":"A business entity’s method of accounting for gross revenue for a taxable year for the purposes of determining the amount of the commerce tax owed by the business entity must be the same as the business’s method of accounting for federal income tax purposes for the business’s federal taxable year which includes that calendar quarter. If a business entity’s method of accounting for federal income tax purposes changes, its method of accounting for gross revenue pursuant to this chapter must be changed accordingly.","path":["TITLE 32 — REVENUE AND TAXATION","CHAPTER 363C - COMMERCE TAX","IMPOSITION AND COLLECTION"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-363C.html#NRS363CSec140","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"125a5b625e63356b102253e2e67c45cce21eb92253181b735d9dc3f70f628730","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-363c.130","next":"us-nv/nrs-363c.200"},"notice":"GroundRules: Original legal text. Not legal advice."}