Nevada Legislature: Bill would exempt out of state gun buys from sales tax
A group of Nevada Republicans are bringing forward a bill changing sales tax requirements on gun sales.
Republican Assemblywoman Jill Dickman is sponsoring AB316 which is scheduled for a hearing Thursday in the Assembly Taxation Committee.
Dickman said the bill would change current tax policy requiring gun sellers to levy sales taxes on out-of-state firearms sales. Current law requires out-of-state sales on firearms to be shipped to federally licensed dealers before a sale.
The bill would require individuals to submit a separate tax form if they buy a firearm which Dickman said is fairer to the state’s gun dealers.
The state’s taxation department estimates the change could cost around $1.3 million in lost sales tax every year.
Dickman said the difference would be made up through individual tax forms.