Found this on FSC's site about the adult entertainment tax in Nevada.
Quote:
Nevada Senate Bill 247, because in Nevada you can get it 24-7, imposes a 10% tax on adult entertainment and as of 4/27/05 is in the assembly committee on commerce and labor. This legislation typifies lawmakers’ efforts to trap unwary business owners.
One section specifically deals with the lettering on admission tickets. If not followed correctly ‘specifying 10% tax included’ it can potentially cost tens of thousands of dollars in misreported revenue and tax.
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2005-10-11, 05:49 PM
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