NAC372.912. Sales tax collection agreement: Termination.

     1. If a direct sales organization does not comply with the terms of a sales tax collection agreement, the Department may terminate the sales tax collection agreement.

     2. Before terminating a sales tax collection agreement pursuant to subsection 1, the Department shall send to the direct sales organization a notice of the proposed decision to terminate the sales tax collection agreement in the manner described in NRS 360.350.

     3. A direct sales organization may petition the determination to terminate a sales tax collection agreement in the manner described in NRS 360.360. Any hearing and subsequent appeal to the Commission must be conducted in accordance with the provisions of NRS 360.300 to 360.400, inclusive.

     4. Until a sales tax collection agreement is finally terminated pursuant to this section, the direct sales organization shall continue to comply with the terms of the sales tax collection agreement and continue to report and remit the tax on the tangible personal property that is the subject of the sales tax collection agreement. If the direct sales organization does not comply with the terms of the sales tax collection agreement or fails to continue to report and remit the tax on the tangible personal property that is the subject of the sales tax collection agreement, the Department may assess a deficiency determination pursuant to NRS 360.300 against an independent salesperson who sold, stored, used or otherwise consumed tangible personal property that is the subject of the sales tax collection agreement.

     (Added to NAC by Tax Comm’n by R021-05, eff. 10-31-2005)