During the 2021 Legislative Session SB 389 passed which enacted a peer-to-peer car sharing program, please click here to read the full bill.
What is a Peer-to-Peer car sharing program?
"Peer-to-Peer car sharing program" is a business connecting shared vehicle owners with shared vehicle drivers in order to share vehicles in exchange for money.
What is a shared vehicle?
"Shared vehicle" is a vehicle shared or available through a Peer-to-Peer car sharing program.
What is Peer-to-Peer car sharing?
"Peer-to-Peer car sharing" is the use of a vehicle by a person other than the owner of the vehicle. The sharing of the vehicle is done through a Peer-to-Peer car sharing program.
What is the definition of a passenger car?
"Passenger car" is a vehicle for 10 persons or less and does not include a motorcycle, electric bicycle, electric scooter or moped.
What is a shared vehicle driver?
"Shared vehicle driver" is a person who has been authorized by the owner of the vehicle, to drive the shared vehicle.
What is the Tax Rate or Fee for Peer-to-Peer car sharing programs?
The State fee (tax rate) for all shared vehicle fees charged in Nevada is 10%. For any shared vehicle fees charged in Clark County or Washoe County there is an additional 2% fee.
Effective 4/1/2022 all shares in Washoe County will also be subject to the addiitonal 2% fee.
Is there anything that is not included in the Peer-to-Peer sharing fee?
This fee does not include any fuel charges, delivery charges, transportation or other handling fees, and insurance charges or fees.
What returns am I required to file?
- Effective 10/1/2021 Peer-to-Peer car sharing programs operating in Clark County are required to file the Clark County Peer-to-Peer car sharing fee return and the Peer-to-Peer car sharing governmental services fee return.
- Effective 4/2/2022 Peer-to-Peer car sharing programs operating in Washoe County are required to file the Washoe County Peer-to-Peer car sharing fee return and the Peer-to-Peer car sharing governmental services fee return.
- Effective 10/1/2021 Peer-to-Peer car sharing programs operating in any county other than Clark County or Washoe County only need ot file the Peer-to-Peer car sharing governmental services fee return.
- Effective 10/1/2021 the Peer-to-Peer Supplemental Return must also be filled out. The first filing should include all vehicles made available; each subsequent quarter should ONLY include any ADDITIONAL vehicles added during that reporting quarter. If no new vehicles are added, this form does not need to be compledted.
- These returns can be found on the Department's website under "Tax Forms" and "Excise Tax Forms".
When are the Peer-to-Peer return(s) due?
- The reporting period is quarterly. The return(s) are due the last day of the month following the period end date. This fee has an effective date of October 1, 2021. The first reporting period will be from 10/1/2021 through 12/31/2021 making the first returns for Peer-to-Peer State and Clark County due January 31, 2022.
- The first reporting period for the Washoe County ordinance will be due 8/1/2022 for reporting period 4/1/2022 through 6/30/2022.
What if I file my taxes late, are there any additional fees?
When a return is filed late, with partial, or no payment, penalties and interest are assessed. A graduated penalty of up to 10% of the tax balance is assessed based on how late payment was received. The full 10% is assessed 30 days after the due date. Interest is assessed at .75% monthly, on the tax portion of the unpaid balance, and is assessed on the 1st of each month after the due date. Penalty and interest will not accrue on unpaid penalty or interest. Once the tax balance has been paid in full the accrual of penalty and interest stops. A waiver of penalties and/or interest can be requested, in certain circumstances.
Are there any additional State agencies I need to register with?
Yes, all Peer-to-Peer programs are required to obtain a license from the Department of Motor Vehicles before operating a Peer-to-Peer car sharing program in this State. Please contact the Nevada Department of Motor Vehicles to see what the requirements are and how to obtain the appropriate licenses.