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Application for Nevada Educational Choice Scholarship Program Tax Credit Nevada Revised Statute (\"NRS\") 363B.119 states that any taxpayer who is required to pay Modified Business Tax pursuant to
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NRS Chapter 363B refers to the Nevada Revised Statutes that govern the taxation of businesses in Nevada, specifically related to the Modified Business Tax.
Businesses and employers with gross wages exceeding a certain threshold in Nevada are required to file NRS Chapter 363B.
To fill out NRS Chapter 363B, businesses must report their gross wages and calculate the tax based on the applicable rates and deductions as prescribed by the Nevada Department of Taxation.
The purpose of NRS Chapter 363B is to outline the regulations for the Modified Business Tax, which is a tax on the payroll of businesses in Nevada aimed at generating revenue for state services.
Businesses must report gross wages paid, any deductions allowed, and the calculated tax amount due based on the figures provided in the form.
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