What is the Short Term Lessor Fee?

The Short Term Lessor Fee is a tax imposed on businesses that lease tangible personal property to others for periods of less than 31 days. This includes rentals of vehicles or trailers.

Who is required to pay this fee?

Any business that leases tangible personal property on a short-term basis in Nevada must pay the Short Term Lessor Fee. This encompasses a wide range of businesses, from car rental agencies to equipment rental companies.

How do I determine the fee amount?

The fee is calculated as a percentage of the gross rental income derived from short-term leases. The specific percentage varies, so it is advisable to check the latest details on the Nevada Department of Taxation website or contact them directly.

When are the fee payments due?

Payments are due quarterly and must be submitted by the following dates each year:

• April 30
• July 31
• October 31
• January 31

How can I file and pay the fee?

Businesses must file and pay electronically through My Nevada Tax. You will need to register your business and log in to your account to access the filing and payment services.

Are there penalties for late payment?

Yes, failing to file or pay the fee on time can result in penalties and interest charges. It’s important to adhere to the due dates to avoid these additional costs.

Can I get an exemption from the Short Term Lessor Fee?

Typically, there are no exemptions available specifically for the Short Term Lessor Fee. However, certain types of business activities or rental transactions might have specific exclusions. For precise information, consult the Nevada Department of Taxation.

Is there a Voluntary Disclosure Program for Short Term Lessor Fees in Nevada?

• Yes, Nevada offers a Voluntary Disclosure Program for taxpayers, which, under NAC 360.440 to 360.448, can lead to a Waiver of Penalties and Interest. The Department must approve these waivers.
• Applicants or their representatives must submit a Voluntary Disclosure Application before the Department starts an audit or investigation.
• Taxpayers already registered for one tax type who disclose another tax type voluntarily may have penalties and interest waived for the newly disclosed tax.
• Please submit a Voluntary Disclosure online at My Nevada Tax (My Nevada Tax – Home). Click on “I want to” and “more” and then choose “Submit a Voluntary Disclosure.” 
• If you have additional questions, please email VoluntaryDisclosures@tax.state.nv.us.