NAC76.070. Exemption: Applicability to certain persons who operate business from home.

     1. The exemption from the requirement to obtain a state business license which is set forth in paragraph (c) of subsection 2 of NRS 76.020 does not apply to a person who operates a business from his or her home during a federal tax year ending on or after December 31, 2011, in which:

     (a) He or she at any time failed to qualify as a person who operates a business from his or her home; or

     (b) His or her net earnings from that business were greater than 66 2/3 percent of the average annual wage for the most recent calendar year ending before the last day of that federal tax year.

     2. Except as otherwise provided in NRS 76.120, a person described in subsection 1 must obtain a state business license for his or her home-based business not later than 180 days after the last day of a federal tax year ending on or after December 31, 2011, in which the exemption for a home-based business does not apply to him or her.

     (Added to NAC by Sec’y of State by R080-11, eff. 3-9-2012)