374.727 - Calculation of tax imposed on use or other consumption of meals provided by employer. [Effective through June 30, 2011.]
374.727 Calculation of tax imposed on use or other consumption of meals provided by employer. [Effective July 1, 2011.] In administering the provisions of this chapter, the Department shall, pursuant to NRS 374.190, calculate the amount of tax imposed on the use or other consumption of meals provided by an employer to his or her employee based on the cost of the specific components of those meals if:
1. The meals are furnished on a regular basis on the premises of the employer for the convenience of the employer; and
2. The employer does not charge the employees a specific fixed price per meal.
(Added to NRS by 1995, 1972; A 2009, 2193, effective July 1, 2011)