Bank Excise Tax Quarterly Return


State: Nevada
Category: Tax
Format: PDF
Form Name: Bank Excise Tax Quarterly Return 7-1-11 .pdf

(The pdf reader is necessary.)

Form Instructions:

 

INSTRUCTIONS: NEVADA BANK EXCISE TAX RETURN (Form BET-3)

 

 

Banks which maintain more than one branch office in a Nevada county are required to pay and file excise tax on a quarterly basis using this form. This document can be obtained from the website of the Nevada Department of Taxation.

 

Nevada Bank Excise Tax Return BET-3 Step 1: Enter the beginning and ending dates of the quarter for which you are filing.

 

Nevada Bank Excise Tax Return BET-3 Step 2: Enter the due date for this return.

 

Nevada Bank Excise Tax Return BET-3 Step 3: On line 1, enter the total number of qualifying branches in Nevada. 

 

Nevada Bank Excise Tax Return BET-3 Step 4: Multiply line 1 by $1,750. Enter the resulting product on line 2.

 

Nevada Bank Excise Tax Return BET-3 Step 5: On line 3, enter the amount due to you for overpayments made in prior periods for which you have received a credit notice. Do not take this credit if you have asked for a refund. Only credits established by the Nevada Department of Taxation may be used.

 

Nevada Bank Excise Tax Return BET-3 Step 6: Subtract the value on line 3 from the value on line 2. Enter the resulting difference on line 4.

 

Nevada Bank Excise Tax Return BET-3 Step 7: If you are filing late, calculate the penalty due on line 5 using the penalty rates table on the instructions on the second page.

 

Nevada Bank Excise Tax Return BET-3 Step 8: Follow the instructions on line 6 to calculate the interest due on late payments if applicable.

 

Nevada Bank Excise Tax Return BET-3 Step 9: On line 7, enter any penalties established by the Nevada Department of Taxation.

 

Nevada Bank Excise Tax Return BET-3 Step 10: Add the values on lines 4 through 7. Enter the resulting sum on line 8.

 

Nevada Bank Excise Tax Return BET-3 Step 11: On line 9, enter the total amount of payment being remitted with this return.

 

Nevada Bank Excise Tax Return BET-3 Step 12: Enter your signature, title and federal identification number at the bottom of the page. Also print your name, enter your phone number and the date.

 

Nevada Bank Excise Tax Return BET-3 Step 13: A form BET-02 documenting all branches in Nevada must be completed and submitted with this return.

 

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