Nevada Proposes Sales Tax Rule Changes for Marketplace Facilitators, Including Virtual Currency Definition

• Nevada Tax Commission proposed changes to sales tax rules for remote sellers, marketplace sellers, and facilitators.
• The draft includes new remittance information, clarifications, and updated definitions.
• “Virtual currency” is defined as a digital value used as a medium of exchange, unit of account, or store of value, but not legal tender.
• The definition of virtual currency excludes retailer-issued coupons and gift cards.

Source: deloitte.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---