Nevada AB471 revises licensing and tax provisions for remote sales of cigars and pipe tobacco.

Nevada AB471 amends the state's tax and licensing laws for remote sales of cigars and pipe tobacco. The bill requires remote retail sellers to obtain a license and pay an annual fee of $650. It mandates that remote sellers use an independent, third-party age verification service to ensure consumers are 21 or older. The bill imposes a tax of 30 percent of the wholesale price or actual cost on these products, with specific provisions for premium cigars. Wholesale dealers and remote sellers must maintain detailed records and submit monthly reports to the Department of Taxation.

Nevada AB471 revises licensing and tax provisions for remote sales of cigars and pipe tobacco.

Nevada AB471 amends the state's tax and licensing laws for remote sales of cigars and pipe tobacco. The bill requires remote retail sellers to obtain a license and pay an annual fee of $650. It mandates that remote sellers use an independent, third-party age verification service to ensure consumers are 21 or older. The bill imposes a tax of 30 percent of the wholesale price or actual cost on these products, with specific provisions for premium cigars. Wholesale dealers and remote sellers must maintain detailed records and submit monthly reports to the Department of Taxation.