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From YouTube: 4/20/2022 - Joint Interim Standing Committee on Revenue
Description
This is the fourth meeting in calendar year 2022. Please see agenda for details.
For agenda and additional meeting information: https://www.leg.state.nv.us/App/Calendar/A/
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A
C
A
A
Hey
here,
oh,
I
would
like
to
start
with
the
opening
remarks
under
agenda
item
with
a
couple
of
housekeeping
items.
First
of
all,
the
meeting
material
for
today's
meeting
can
be
accessed
on
the
committee's
webpage,
located
on
the
nevada
legislator
website.
Anyone
who
would
like
to
receive
an
electronic
notification
regarding
the
committee's
agenda
minutes
and
final
report
can
do
so
by
signing
up
on
the
legislative
website.
A
Any
votes
that
are
taken
today
will
be
done
with
the
roll
call
vote.
There
will
be
a
public
comment
period
at
the
beginning
and
at
the
end
of
the
meeting,
and
it
will
be
limited
to
three
minutes
per
person.
Public
comment
may
be
provided
in
four
different
ways,
all
of
which
are
listed
on
the
agenda.
A
However,
I,
my
microsoft,
my
messaging
system
is
not
working,
so
if
you
can
raise
your
hand
or
put
the
little
yellow
hand
up,
so
I
can
know
that
you
have
a
question
that
will
be
super
helpful,
but
remember,
don't
put
anything
in
the
chat.
It
is
only
for
technical
assistance
with
that.
I
would
like
to
go
forward
and
go
to
agenda
item
number
three,
which
is
to
open
up
for
public
comment.
A
A
Thank
you
for
that.
So
I
will
move
to
approval
of
the
minutes
from,
I
believe
that's
february,
23rd
2022
and
I
would
accept
emotion,
so
moved
back
that
were
first
from
assemblywoman
cohen.
Who
was
the
second.
A
Okay,
seeing
none
the
motion
passes
minutes
are
approved.
We
will
now
move
to
the
presentation
by
department
of
text
and
the
commerce
text.
I
want
to
give
a
little
bit
of
commentary
before
we
get
into
this
like.
Why
are
we
doing
the
commerce
tax
when
I'm
not?
I
don't
expect
to
do
any
kind
of
legislation
around
the
commerce
tech.
The
reason
why
we
chose
to
do
a
presentation
number
one.
It's
been
coming
up
a
lot
within
the
conversations
within
the
public.
A
And
so
I
wanted
to
do
this
presentation
to
make
sure
that
everyone
was
clear
and
they
were
getting
in
an
unbiased
presentation
on
the
commerce
tax,
and
so
that's
what
we're
doing
today
and
then
we'll
also
have
we're
continuing
to
fill
in
the
pieces
on
prior
presentations
that
we
couldn't
get
to
around
the
general
revenue.
B
B
B
The
tax
is
imposed
on
businesses
with
nevada
gross
revenue
exceeding
4
million
in
a
taxable
year,
and
each
business
entity
whose
nevada
gross
revenue
in
a
taxable
year
exceeds
four
million
dollars,
is
required
to
file
the
commerce
tax
return.
The
taxable
year
is
a
fiscal
year
which
is
july
1st
to
june
30th.
B
B
B
B
D
Thank
you
very
much.
So
a
multi-state
tax
treaties
referred
to
the
nevada,
commerce
taxes,
one
of
five
unconventional
business
taxes,
along
with
the
states
that
are
identified
on
the
slides,
washington,
ohio,
texas
and
oregon.
Each
of
these
taxes
are
an
income
tax
in
some
form.
Taxing
the
total
amount
realized
by
the
taxpayer
as
a
result
of
their
business
activities
within
the
state,
usually
with
deductions
or
exemptions
which
are
defined
by
statute.
D
D
D
The
rates
are
based
on
different
classifications
of
business
activities
and
range
from
point:
zero,
zero
one,
three,
eight
percent
very
small
amount
to
point
zero.
Three:
three
percent
of
gross
income,
varying
based
on
the
industry
that
generated
the
income.
So
a
single
business
entity
may
pay
rates
across
they
pay
various
rates
depending
on
the
work
that
generates
their
income.
D
D
D
The
taxable
margin
is
determined
by
an
election
made
by
the
taxpayer
from
one
of
several
options,
including
the
70
of
total
revenue,
total
revenue,
minus
the
cost
of
goods,
sold,
total
revenue,
less
compensation
paid
to
employees
or
total
revenues
over
a
million
dollars.
The
threshold
for
filing
changes
annually
and
for
fiscal
year
23
is
1.2
million
dollars.
D
D
The
2021
number
that
they
reported
is
only
the
second
full
calendar
year
that
the
tax
was
collected,
so
they
represented
in
their
materials
that
the
collection
amount
is
likely
not
the
full
impact
that
the
tax
will
have,
but
for
again
for
comparison's
sake.
I
also
included
the
percentage
of
total
revenue
that
these
business
taxes
comprise
of
the
total
revenue
collections
in
each
state.
D
As
stated
before,
nevada's
commerce,
taxes,
approximately
2.8
percent
of
total
revenue
collected
in
2021,
compared
with
washington's
business
and
occupations
tax,
is
the
highest
proportion
of
their
revenue.
Last
year
they
reported
it
was
2018,
it
was
19.7
percent.
D
Ohio,
texas
and
oregon
are
all
right
around
seven
percent
of
their
total
revenues.
Coming
from
this
business
tax
collected
in
either
2020
or
2021.
D
in
2019,
the
first
modifications
to
the
law.
Since
the
adoption
were
to
change
the
filing
requirements,
the
original
provision
of
the
law
required
everyone
with
nevada
gross
revenue
to
file
a
return,
even
if
they
did
not
meet
the
four
million
dollar
threshold
to
pay
commerce
tax
in
2019.
The
law
was
changed
so
that
only
those
with
the
gross
revenue
that
exceeded
4
million
would
need
to
file
the
return
prior
to
the
law
change.
The
department
received
between
166
and
154
000
total
returns
of
those
154
000
returns
filed
in
2018.
D
The
second
modification
to
the
commerce
tax
was
in
2021,
which
broadened
the
list
of
exempt
entities
for
commerce
tax.
The
change
made
it
so
that
any
person
who
takes
part
in
person
being
a
taxpayer
who
takes
part
in
an
exhibition
trade
show,
industry
or
corporate
meeting
or
similar
event
held
in
nevada,
is
now
exempt
from
commerce
tax.
Where
previously
it
exempted
only
those
entities
participating
in
exhibitions
that
did
not
require
a
nevada
business
license.
B
If
you
have
additional
time,
you
can
look
back
through
that
statute
to
review
the
other
entities
that
are
excluded
from
the
commerce
tax
for
the
purposes
of
nrs
363c
200.
Not
only
do
you
have
to
be
a
business
entity
defined
in
the
statute
to
be
subject
to
the
commerce
tax,
you
also
have
to
be
an
entity.
B
If
it
is
determined
that
the
business
entity
is
engaged
in
business
in
the
state,
then
that
business
entity
must
determine
its
gross
revenue
subject
to
the
commerce
tax.
When
determining
gross
revenue,
only
revenue
situs
to
nevada
is
included,
and
the
rules
regarding
revenue,
situs
to
nevada
can
be
found
in
nrs
363c
220..
B
B
These
are
just
a
few
of
the
deductions
allowed,
but
there
are
several
others
provided
foreign
statute
once
a
business
entity
determines
its
gross
revenue
status
to
nevada
and
subtracts
from
that
amount
any
allowed
deductions.
The
entity
has
calculated
its
nevada
taxable
revenue.
The
entity
then
will
then
will
need
to
determine
the
rate
of
tax
that
applies.
B
B
This
graph
shows
an
example
of
business
categories
and
the
corresponding
tax
rate.
This
information
is
provided
for
an
nrs6
363c
310
through
nrs
363
c
550,
pursuant
to
nac
363c
240,
to
determine
the
category
of
the
business
entity.
A
taxpayer
will
use
the
next
code
of
the
business
in
which
the
business
is
engaged.
B
If
a
business
entity
wishes
to
change
the
next
code
designated
for
the
business
entity,
the
entity
must
submit
to
the
department
on
or
before
the
date
on
which
the
nevada
commerce
tax
return
for
the
taxable
year.
A
written
request
to
change
its
designated
makes
code
request
must
state
the
current
makes
code
designated
for
the
business
entity.
The
proposed
next
code
for
the
business
entity,
the
taxable
year
to
which
the
proposed
next
code
will
apply
and
the
reason
for
the
requested
change.
B
D
So,
especially
because
of
the
complex
nature
of
the
commerce
tax,
the
department
has
made
a
large
investment
of
time
and
resources
to
educate
the
public
on
the
commerce
tax.
These
materials
are
cutting
edge
for
the
department
and
include
10
recorded
video
training
modules
that
are
available
on
the
department's
youtube
channel
or
comprehensive.
A
Hey
members,
any
questions.
A
Totally
understand-
and
I
thank
you
for
the
presentation-
it's
all
very
interesting.
I
have
a
few
questions,
but
I'll
just
try
to
make
first,
the
really
just
straightforward.
First
two
for
the
next
codes
since
they're
reviewed
every
five
years.
Does
that
mean
that
has
not
impacted
us
yet,
since
it's
on
our
the
commerce
tax
is
not
quite
six
years
old,
or
is
this
in
the
process
right
now
of
being
reviewed
and
then
implemented
during
our
next
legislative
session?.
B
Thank
you
assemblyman.
It's
simply
woven
anderson,
yes,
the
next
code
right
now
and
they're,
going
through
their
2022
review.
So
we're
not
quite
sure
what
the
changes
are
yet,
but
you
will
have
those
prior
to
the
2023
legislative
session.
A
If
I
may
ask
a
follow-up,
yes
go
ahead,
thank
you
so
with
that
does
does
that
have
to
be
approved
by
the
legislature.
Is
that
an
automatic
element
that
is
currently
enacted
through
policy
and
or
through
the
process
that
we
currently
have
in
place?
Or
do
we
have
to
consider
that
again
through
the
legislative
process.
B
Shelley
hughes
for
the
record,
suddenly,
woman
anderson.
I
believe
that
if
there's
changes
made
to
the
code
that
are
codified
in
statute,
it
would
it
would
have
to
be
implemented
and
approved
by
the
legislature.
C
Madam
chair,
this
is
russell.
I
have
some
additional
information,
possibly
a
staff
that
was
involved.
So
if
it's
okay
with
you,
madam
chair,
I
can
try
and
also
respond
to
the
assemblywoman's
question.
C
This
is
an
interesting
issue,
so
director
hughes
is
correct.
C
That,
pursuant
to
the
statute
in
chapter
363c,
we
specifically
have
tied
the
commerce
tax
business
nics
categories
to
the
two
2012
nicks,
the
2017
nakes
are
actually
out
and
as
miss
you
said,
then
they're
working
on
2022
nakes,
but
that
that's
not
going
to
probably
be
out
here
for
officially
maybe
for
bed,
so
just
to
provide
some
context,
because
it's
it's
a
good
question
that
that
was
sort
of
an
explicit
thing
that
was
done
as
part
of
the
statutory
structure
for
the
commerce
tax,
as
approved
by
the
legislature
in
2015,
to
tie
it
to
a
specific
year
of
makes
and
so
I'll
go.
C
Why
we
did
it
and
how
it's
not
different
for
states
that
have
taxes
that
may
be
tied
to
something
that
a
agency
can
do
or
actually
congress
can
so
the
nicks
are
from
periodically
they're
reviewed
as
director.
You
said
every
five
years
and
they
may
make
decisions
based
on
what's
been
happening
in
the
kind
of
going
on
to
move
some
of
the
next
categories
from
one
next
code
to
another.
C
I
don't
want
you
all
to
leave
here
being
next
experts,
because
I'm
not
but
these
next
codes.
If
you
look
at
the
table,
that's
in
the
packet
behind
the
department,
taxation
presentation,
slides
that
actually
lists
all
the
the
26
tax
categories,
along
with
their
next
codes.
You
can
see.
Most
of
those
next
codes
are
at
the
to
what
we
call
the
two
digit
or
the
three
digit.
Next
codes
go
all
the
way
out
to
six
digits.
C
They
classify
so,
but
so
generally,
when
they're
doing
reclassifications
they're
happening
with
within
the
two-digit
and
three-digit
that
you're
not
crossing
across
from
one
two-digit
to
another
two-digit
or
another
three-digit
to
another
feature,
but
that
could
occur
so
in
the
legislature
and
the
structure
of
this
and
what
was
approved
and
signed
by
the
governor.
It
was
hard
coded
to
2012.
C
and
the
reasoning
for
that
is
especially
by
your
tax
team.
As
your
taxation
and
revenue
committee
staff
is,
in
some
sense,
the
legislature's
making
the
policy
decision
in
2015
that
that
will
be
the
business
categories
that
are
used
and
then
they're
setting
the
tax
rates
for
these
20
these
26
categories.
C
Well,
then,
if,
if
nevada
didn't
tie
it
to
a
specific
next
reference
year,
then
if,
if
the
census
bureau
in
reclassifying,
they
could
be
moving
taxpayers
across
tax
brackets
and
changing
what
the
tax
rate
is
and
then
the
legislature
would
have
to
it's
just
at
the
mercy
of
that
as
taxations,
administering
it
and
or
the
legislature
would
have
to
come
back
and
sort
of
look
at
that
and
go
hey
what
happened
and
and
I'll
be
honest
with
you.
That
may
be
one
of
the
things
that
the
legislature
may
have
to
look
at
is
hey.
C
What
were
what
are
these
20
22
nakes
in
relation
to
the
20
12
ones,
and
are
there
any
changes
or
significant?
If
I
recall
from
looking
at
the
2017
next
to
the
2012
from
memory,
nothing
moved
within
that
two
to
three
digit
or
three
digits.
Thus
they
weren't
moving
across
our
tax
back.
But
if
you
can
see
again
if
that
did
occur,
the
legislature
didn't
make
that
decision.
C
It
happened
because
this
census
bureau
in
dc
doing
their
job
changed
nevada's
tax
policy
with
regards
to
the
commerce
debt.
So
I
just
wanted
to
put
that
that's
one
of
the
reasons
why
hardcore
and
and
so
to
add
some
it's
marginally
similar,
but
those
states
that
have
personal
or
business
income
taxes
they
m
to
either
so
to
some
degree
they're
coupling
themselves
to
the
irs
code,
thus
the
federal
law.
C
So
when
congress
goes
and
makes
changes
to
the
tax
code
or
irs
changes
their
interpretation
or
makes
changes,
then
those
states
would
be
dependent
on
those
actions
occurring
and
so
sometimes
you'll
see
states
with
personal
business.
They
tie
themselves
to
a
specific
time
period
of
the
tax
code
so
that
they're
not
at
the
mercy
of
congress
or
a
federal
agency,
changing
the
tax
effects
or
implications
at
a
state
level
without
legislative
action.
C
So
I
I
hope,
with
some
of
the
women
interested
in
that
maybe
provides
a
just
a
little
bit
more
information
to
the
information
that
director
he's,
provided
that
why,
in
2015
we
tied
it
to
2012
because
that's
what
was
available,
the
2017
came
out,
obviously
after
the
2015
session
and
now
we're
all
ready
at
2022.,
and
that's
something
now
that
director
hughes
is
may
go.
Look
at
the
2022
if
there's
preliminary
stuff
out
see
if
anything
slid
across
the
two-digit
or
three-digit
level,
but
again
from
memory.
C
The
2017
changes
weren't
a
concern
to
your
fiscal
staff
because
it
did
not
appear
that
anything
was
sliding
across
the
two
digits
or
three-digit
categories,
and
so
again,
hopefully
that
provided
some
additional
information.
And
if
there
are
any
questions
regarding
the
comments
I
made,
I
can
attempt
to
answer
them
and
thank
you,
madam
chair,
for
allowing
me
to
add
that
to
the
record.
A
No,
that's
perfectly
fine
assemblywoman
anderson.
Did
it
open
up
an
additional
question
for
you?
You
know
it
did.
You
saw
it
opened
up
some
more
questions,
but
it
that's
a
huge
amount
of
help
for
me
and
understanding
it.
So
many
questions,
but
the
first
thing
actually
was
something
I
already
was
kind
of
kind
of
asked
about,
and
that
was
the
business
tax
comparisons.
A
When
I'm
taking
a
look
at
these
different
states
that
have
had
it
and
and
have
just
started
to
enact
them,
and
it's
such
a
huge
difference
with
the
percentage
and
then
to
couple
that
with
mr
guindon's
comments,
how
many
of
those
other
states
also
have
an
income
tax
that
are
coupled
with
this
item
or-
and
I
I
don't
want
to
get
too
deep
into
the
weeds.
A
Other
four
states
that
are
in
the
same
boat
that
we
are
in
that
utilize.
Something
like
this.
D
Melissa
flatley
deputy
director
for
the
record,
so
my
recollection,
I
don't
know
off
hand
exactly
which
other
states
have
an
income
tax.
When
I
was
looking
at
the
materials
washington
made
a
point
of
saying
that
they
don't
have
an
income
tax,
so
that
may
be
why
their
percentage
was
so
high,
but
other
than
that,
I
can't
answer
your
question.
C
C
Deputy
director
flatly
that
from
memory,
but
I
think
when
you
from
memory
most
of
these
states
that
have
taxes
be
based
more
on
gross
receipts
or
gross
margin
like
taxes.
They
then
don't
have
business
income
taxes.
This
is
their
attempted
to
be
a
their
broad,
broader
base
tax
on
business
and
I'll
just
be
honest
with
you,
I
may
go
look
after
those
meetings
done,
but
I
don't
think
any
of
them
do
and
I
would
certainly
hope
the
department
of
taxations
would
be
saying.
C
Please
don't
do
that
to
us
that
you're
going
to
go,
administer
a
gross
receipts
tax
and
then
turn
around
and
also
be
administering
a
business
income
tax,
and
I
think
your
taxpayers
would
probably
also
say
pick
one
please
so
then
I
think
you
have
to
be
careful
when
you
look
at
the
rates
because
right,
a
gross
receipts
tax
or
a
gross
margin
tax.
The
tax
base
is
much
higher
right.
C
It's
gross
revenue,
income
taxes
are
you,
depending
on
what
the
state
decides
to
do,
and
maybe
again
they're
coupling
to
the
fed
federal
taxes
well
you're,
getting
to
allow
deductions
for
expenses
in
business.
Thus,
the
tax
base
is
getting
lower,
and
this
is
I'm
sure,
members
of
the
legislature
where
tax
discussions
in
the
legislative
environment
can
be
very
tenuous
and
then
they
can
be
about
how
much
revenue
is
this
tax
supposed
to
generate
or
politically?
Where
can
you
get
so
then
right?
Who
knows
that
the
attacks?
What's
the
tax
base?
C
That's
a
tax
rate
is
going
to
be
applied
to
across
these
states
and
how
much
money
where
that
they
trying
to
generate
for
their
state,
whether
it's
general
funds
or
some
other
dedicated
fund,
and
so
I
I
just
wanted
to
say
that
you
have
to
be
careful
to
just
go.
C
Look
at
the
rates
imposed
across
states
for
any
tax
for
that
matter,
without
possibly
having
trying
to
spend
some
time
on
what
what's
in
the
base
what's
out
of
the
base
and
also
how
much
revenue
were
they
trying
to
generate
from
it
as
a
percent
of
their
total,
say,
general
fund
revenue
or
their
revenue
that
they
used
to
fund
programs
or
budgets.
So
I
I
just
wanted
to
offer
that
assemblyman
for
consideration
when
the
crosstake
comparisons
get
tricky
without
considering
all
those
additional
things.
C
A
You
and
thank
you
chair
for
for
the
questions
I
do
have
more,
but
I
think
I'll,
probably
email
people
because
I
mean
well.
We
we
still
have
the
commerce
tax
collections,
which
is
mr
bennett's
going
to
go
through.
But
if
anybody
has
questions
on
the
department
of
tax
actual
slides,
let's
just
go
ahead
and
assemblywoman.
Consider.
B
B
Shelly
he's
for
the
record.
Can
you
clarify
I'm
not
sure,
I'm
completely
understanding
your
question
no
worries.
So
there
are
exemptions
in
statute,
but
my
question
is:
is
there
anything
in
the
statute
or
anywhere
that
says
after
a
certain
number
of
years,
these
exemptions
would
be
relooked
at
or
reviewed
shelly
hughes.
For
the
record,
I
do
not
recall
anything
in
statute
that
says
that
these
will
be
reviewed.
B
The
businesses
when
they
register
with
the
department
for
commerce
tax
they
do
file
an
exempt
entity,
form
and
explain
why
they
are
an
exempt
entity.
Pursuant
to
the
statute,
we
review
those
and
we
either
approve
or
deny
them,
but
that's
that's
the
only
time
that
we
review
whether
or
not
they're
an
exhibit
entity.
C
Again,
madam
chair,
if
I
may
just
add
to
directories
that.
A
Mr
ginda,
before
you
add,
can
because
I
think
I
know
where
you're
going.
Can
you
add
some
context?
Why
those
those
deductions,
because
what
you
know
like
there,
was
a
liquor
deduction
and
how
they?
How
how
we
even
came
to
that
position
like
I
don't
remember
from
the
hearing
how
we
some
things
were
discussed
and
some
things
weren't
discussed.
C
I
I
can
try
it's
been
seven
years
for
me
also,
but
to
go
first
one.
Let's
stick
to
some
of
them
constantly
question
that
I
I
I
think
what
you're
really
asking
so
right.
We
have
as
as
the
perfect
taxation
staff
went
to,
so
we
have
business
entities
and
then
business
entities
have
revenue.
So
within
those
two
con
statutory
constructs
business
entity
there
are
there's
a
subsection
in
that
section
for
business
entity
that
says
certain
entities
or
types
of
businesses
aren't
deemed
to
be
business
entities
for
the
purpose
of
tax.
C
Thus
I
think
that's
your
reference
of
the
term
exemptions
and
then
also
on
the
gross
revenue
side,
which
is,
I
think,
where
texas
went
through
and
and
chair
neal
is
referenced.
C
Well
then
we
say
what's
what's
revenue
and
but
there
are
also
then
quote-unquote
exceptions
to
what
is
not
to
be
counted
for
the
purposes
of
gross
revenue
to
get
to
the
nevada,
taxable
revenue
and
clearly,
as
was
stated,
the
the
one
that
everybody
gets
is
four
million
dollars.
That's
in
in
income
tax
terms,
that'd
be
like
your
standard
deduction,
but
I
shouldn't
even
have
gone
there
in
terms
of
trying
to
mix
tax
metaphors,
but
to
specifically
to
then
chair,
neal's
question.
C
I
I
think
the
logic
behind
some
of
the
the
revenue
that
is
allowed
to
be
deducted.
It
was
because
there
are
already
industry
specific
taxes
on
that
revenue,
for
instance,
for
the
mining
industry
since
they're
paying
tax
on
their
net
proceeds
and
minerals.
Then
that
revenue
that's
subject
to
the
net
profit
minerals
tax
was
allowed
to
be
deducted.
C
Then
gaming
revenue,
that's
subject
to
the
gaming
percentage.
Free
tax
was
allowed
to
be
deducted
insurance
companies
that
have
the
their
insurance
premium.
Revenue
that
is
subject
to
the
insurance
premium
tax
were
allowed
to
deduct
that
from
gross
revenue
to
get
the
nevada
textbook.
C
As
for
some
of
the
one
that
you
referenced
like
liquor
and
that
well
there
there
is
the
as
we've
all
had
presented,
there's
the
wholesale
liquor
tax,
and
so
that
could
be
some
reasoning
why
that
was
taken
out,
but
then
for
some
of
the
other
ones.
I
don't
know
that
I
have
the
ability,
as
your
staff,
to
really
be
able
to
answer
that
some
of
the
structure
for
this
as
it
was
brought
forward
by
governor
sandoval
and
his
staff
and
the
people
that
he
had
working
to
develop.
C
The
structure
for
this
tax
were
being
borrowed
borrowed.
Excuse
me
from
the
the
texas
margin
tax
in
the
ohio
cap,
the
commercial
activity
tax,
in
terms
of
where
some
of
the
statutory
structured
structure
was
coming
from
and
also
then
some
of
the
things
that
were
going
to
be
excluded
from
being
a
business
entity
and
then
also
some
of
the
revenue
that
might
be
allowed
to
be
excluded
from
being
revenue
such
as
the
pass-through
revenue
and
those
types
of
structural
elements
of
the
tax.
C
So
hopefully
that
provided
some
additional
information
for
someone
considering
and
also
got
close
to
the
best.
I
can
answering
chair
neil's
question.
A
Any
additional
questions.
I
thought
it
was
a
very
helpful
context
because,
typically,
when
you're,
when
you're
in
the
session,
you
know
how
the
tax
was
built
because
you
were
present,
you
were
in
the
hearing
but
knowing
where
they
pulled
it
from
and
how
they
tried
to
construct
it
and
kind
of
build
it
for
nevada.
I
think
this
important
context,
so
you
can
understand
like
what
was
the
thought
pattern
behind
the
actual
tax
itself
and
where
they
derived
it
from.
A
A
All
right,
so
what?
Let's?
Let's
go
ahead
and
move
to
the
statistics,
because
I
know
I
had
a
question
of
a
larger
question,
but
I'm
gonna
have
to
on
that
mining
exemption
now
that
we
have
a
mining
bill
out
there
and
that
crossover,
but
anyway
I'll
save
that
as
well.
But
let's
do
the
statistics.
C
C
I'm
going
to
hold
you
to
that,
madam
chair,
so
I'll
share
my
screen
here
and
I'll
just
bring
up
the
packet,
because
I
think
that
might
be
the
easiest
way
to
share
the
information
and
apologize
here.
I
got
it
set
up.
C
So
what
I
did
I
had
referenced
it
and
I
just
wanted
to
make
sure
that
I'm
sure
the
members
saw
it
impact
but
that
what
working
with
the
department
taxation,
we
decided
to
put
this
table
together
to
just
pull
out
for
all
the
members,
the
26
categories
that
are,
if
you
actually
go,
look
at
chapter
363
you'll
see
them
sitting
here
that,
what's
shown
there
is
not
necessary
all
the
text
for
the
nrs
section.
C
I
just
tried
to
pull
the
information
that
tries
to
show
you
what's
what's
in
it
or
what
what
the
examples
are
that
are
statute
or
what
may
not
be
included.
What's
actually
not
shown
here
in
every
one
of
these
sections.
It
says
it
has
the
the
amount
over
four
million
language.
C
So
I
just
thought
and
again
well,
you
can
see
here
when
I
was
saying
the
nakes
at
the
two
digit
in
three
digit,
so
here's
the
two
digits
it's
11
21.
and
down
here
utilities.
Commission,
you
have
makes
22
and
makes
517..
So
that's
what
I
was
saying
at
the
two-digit
in
three-digit.
So
as
you
look
through,
all
these
you'll
only
see
two
or
three
digits
in
in
for
those
tax
categories.
C
But
again
these
nix
codes
have
four
five
and
six-digit
level
detail
when
they're
trying
when
census
is
determining
what
type
of
business
would
be
in
that
and
then
there's
the
the
statutory
tax
rate
and
and
that's
the
tax
rate
that
I
want
I'll
just
point
out
here
that
is
imposed
on
nevada
taxable
revenue,
which
is
the
revenue
after
the
four
million
dollar
deduction
and
any
other
deductions
from
revenue
that
are
allowed
for
that
particular
business.
So
then,
what
I
wanted
to
do
is
the
the
table.
C
That's
after
this,
it's
actually
begins
on
page
51
of
the
packet
we
decided
to
put
this
table
together
and
we
appreciate
chair
neal,
allowing
us
to
maybe
go
through
some
of
the
information.
Just
I
will
be
honest
that
this
is
potentially
a
little
bit
more
detailed
than
the
members
of
the
revenue
committee
really
need.
C
But
I
wanted
to
use
this
opportunity,
but
just
to
talk
about
the
structure,
this
tax
and
how
it
works
and
then
how
we
try
and
deal
with
it
as
your
fiscal
staff
and
taxation
budget
staff
with
regards
to
monitoring
and
tracking
it
and
then,
as
we
have
to
forecast
it
for
the
economic
forum's
general
fund
revenue
forecast.
C
So
as
director
hughes
has
stated
that
just
reiterate
quickly
that
the
the
taxes
actually
do
by
statute
on
or
before
the
45th
day
after
the
end
of
the
tax
period,
which
is
the
fiscal
so
which
generally
is
around
that
august.
14
15
period
in
terms
of
the
45
days
after
the
thing,
because
again,
depending
on
where
weekends
are
for
that
45th
day.
C
So
then,
what
texas?
The
in
our
state's
accounting
system
right
when
you're
on
august
15
you're
in
the
new
fiscal
year.
But
our
prior
fiscal
year
is
still
open
with
regards
to
taxes
being
due
by
taxpayers,
to
remit
to
the
department
of
taxation
for
taxation
and
attempt
to
account
for
those
taxes
from
the
tax
returns
and
get
it
posted
in
the
controller
system
as
to
which
fiscal
year
it
got
posted
and
we're
recognizing
it.
C
C
So
we
have
the
ability
to
get
revenue
to
come
in
to
that
third
friday
in
september,
but
still
accrue
it
back
to
the
prior
fiscal
year.
Some
of
these
accruals
are
required
by
gasby
governmental
county
standard
boards
requirements
that
the
controller
has
to
comply
with,
and
thus
agencies
posting
revenue
have
to
comply.
C
So
with
that,
as
context
which
we
just
wanted
to
sort
of
show
you
this
taxes,
the
new
tax
plan,
it
was
approved
in
fy15
2015,
its
first
effective
period
was
fy
2016
for
that
fiscal
year,
thus
due
august
27
or
august
2016,
which
was
fy
17.,
so
because
it's
much
later
than
other
taxes
after
the
fiscal
year,
we
were
expecting
that
it
may
be
difficult
for
taxation
to
have
all
their
turns
in
work
to
them,
get
them
reconciled
and
get
all
the
revenue
for
the
tax
period
posted
for
that
fiscal
year,
and
it
may
some
of
it
may
get
posted
in
the
currents.
C
What
that's
reflecting
is
the
amount
of
commerce
tax
that
was
remitted
on
returns
to
the
department
of
taxation
for
that
fiscal
year,
business
activity
period,
the
column
to
the
right
of
it-
is
labeled
the
accounting
period
basis.
That's
the
actual
amount
of
revenue
that
the
department
taxation
was
able
to
get
posted
in
the
cont
and
recognized
by
the
controller
for
that
fiscal
year.
C
Thus
you
could
have
so
you
go
look
at
the
first
year
here
and
the
the
amount
that
actually
got
for
fy
16
accounted
for
in
fy
16
for
fy16
was
only
approximately
143.5
million,
but
the
the
actual
amount
of
commerce
tax
that
came
from
business
activity
for
the
fy
16
period
was
approximately
175.
C
So
what
do
you
conclude
that?
Well,
approximately
30
million
of
fy
2016
commerce
tax
got
reported
and
paid
in
future
fiscal
years,
not
in
fy
16..
A
lot
of
it
would
have
been
in
fy
17,
but
it
could
be
because
right,
taxpayers
could
actually
pay
their
fy
2021
commerce
tax
here
in
fy
2022..
C
They
could
also
be
here
in
fy
2022,
be
filing
late
returns
for
fy
2020
fbi.
2021
taxation
can
be
doing
audits
and
find
that
there's
taxes
due
for
prior
periods.
So
that's
just
giving
you
the
idea
of
what.
For
some
of
these
taxes,
we
look
at
what
actually
got
recorded
as
collections,
but
what
was
the
actual
business
activity?
Because,
again
as
economists,
when
we're
trying
to
think
about,
what's
going
on
out
there
and
tied
to
economic
activity,
we
really
like
to
think
and
see
it
on
business
activity
period,
not
necessarily
collection.
C
And
we.
But
we
don't
do
this
kind
of
analysis
for
all
the
taxes.
But
you
can't
have
what
we
call
this
spillover
between
fiscal
years,
because
taxes
for
ending
june
aren't
required
to
be
paid
until
july
or
here
in
this
case
august
of
the
next
fiscal
year.
C
So
I
just
I'm
on
don't
want
to
go
to
all
the
detail
here,
but
this
shows
you
my
fiscal
year
and
then
shows
you
by
biennium
and
then
it's
just
showing
you
the
dollar
differences
by
fiscal
year
and
the
one
thing
that,
because
we
didn't
know
when
we
were
passing
this
tax,
how
much
of
this
that
taxation?
Administering
this
new
tax
and
being
late
in
mid-august
and
having
to
get
things
reconciled
and
reconciled
and
posted
by
the
third
friday
of
september?
C
C
C
So
then
you
go
to
the
next
block
in
the
middle
here
and
as
director
hughes
went
through,
and
I
appreciate
it
going
to
this
that
right.
Part
of
the
tax
package
that
was
approved
by
the
2015
legislature
and
signed
by
the
governor
was
yes.
It
created
this
new
commerce
tax
with
the
26
categories
and
with
the
those
tax
rates,
and
we
already
have
the
modified
business
tax
implies,
but
the
modified
business
tax
was
also
increased.
C
So
then,
as
part
of
the
the
the
tax
proposal
that
was
brought
forward
by
governor
sandoval,
the
legislature
for
consideration
towards
the
end
of
the
2015
session,
included
this
provision
that,
as
director
hughes
went
to
up
to
50
percent
of
the
prior
year's
commerce,
tax
can
be
taken
as
a
credit
against
the
current
fiscal
year's
modified
business
tax
and-
and
so
I
apologize,
it
probably
would
have
been
more
intuitive
to
put
these
commerce
tax
credits
in
here
with
a
negative
number.
C
But
you
can
think
about
those
are
a
subtraction
or
a
deduction
from
the
mbt
revenue
then
to
the
right.
The
final
third
block
is
showing
you,
the
the
total
mbt
and
again
we
look
at
that
on
this
accounting
period
basis.
That
is
how
much
actually
occurred
on
this
economic
or
accounting
period
basis,
and
excuse
me,
on
accounting
period,
business.
How
much
was
actually
collected.
C
I
apologize
we,
we
don't
really
look
at
it
as
a
business
activity
period
basis
for
the
purposes
of
this
exercise
here
and
then
you
subtract
the
credits
and
that's
the
net
mbt
after
the
commerce
tax
credits.
Again,
I
want
to
point
out
that
there
are
other
tax
credit
programs
that
can
be
taken
against
against
the
commerce
tax.
C
We
just
it's
already
getting
a
lot
of
sort
of
information
in
detail
here.
So
again,
as
you
look
at
across
this,
it's
the
commerce
tax
from
the
preceding
fiscal.
If
you're
standing
in
the
current
fiscal
year,
it's
the
commerce
tax
that
was
paid
by
a
business
in
the
preceding
fiscal
year
that
they're
eligible
to
take
up
the
50
percent
of
that
tax,
paid
as
a
credit
against
that
current
here's,
the
mbt.
C
So
then,
right
there,
there
have
been
bills
introduced
during
pr
sessions
after
the
2015
session
and
and
as
chair
neil
mentioned,
there's
been
some
discussion
about:
okay
repealing
the
commerce
tax,
and
so
what
your
your
fiscal
staff
want
to
just
make
sure
is.
The
members
of
this
committee
is
that
well,
if
the
legislature's
going
to,
if
there
was
going
to
be
consideration
to
repealing
the
commerce
tax,
well,
then
the
credit
would
go
away,
so
it's
not
just
losing
this
column
of
the
potentially.
C
You
know
220,
some
million
that
it
had
grown
out
to
here,
ignoring
fy
2020.
Due
to
the
pandemic
effect,
so
you'd
have
to
subtract
this
45
to
50
million
dollars
from
that,
and
so,
if
you
got
rid
of
the
commerce
tax
and
then
the
commerce
tax
credit
went
with,
you,
you'd
really
be
taking
somewhere
around
150
to
180
million
dollars
off
the
state's
general
fund
revenue.
C
And
so
I
just
wanted
to
make
sure
that
the
members
of
the
committee
understood
that
that
when,
if
you're
going
to
have
this
conversation
about
appealing
commerce
tax,
well,
then
the
credit
goes
away,
and
then
you
can
see
I
michael
joe
and
I,
as
detective
we've
had
quite
a
few
intellectual
conversations
about
well.
How
do
you
think
through
if
you
got
rid
of
the
commerce
tax
and
then
the
credit
goes
away?
So
then
right
if
you're,
a
labor
intensive
business,
generating
your
revenue
versus
less
labor-intensive
businesses?
C
Well
then,
if
you're
actually
getting
50
of
prior
years,
commerce,
taxes
and
credit
you'll
have
a
different
effect
from
repealing
the
commerce
tax
than
a
business
that
perhaps
doesn't
have
much
or
any
mbt
and
can't
take
the
commerce
tax
credit
right.
So
it's
just-
and
you
say
well,
yeah
you're,
just
undoing
the
effects
of
the
commerce
tax
and
the
commerce
tax
credits
that
were
approved
in
the
2015
session.
But
I
just
I
just
wanted
to
go
through
that
that
that's
that
there's,
there's
potentially
a
little
bit
more.
That
will
be
involved
for
elected
officials.
C
You
just
have
to
give
consideration
to
us
what
would
be
the
effects
on
businesses
and
across
businesses
based
on
how
you're
structured
in
terms
of
the
labor
required
to
produce
your
good
or
service
in
relation
to
others
and
the
revenue
that
you're
able
to
generate?
C
Finally,
one
of
the
the
last
point
I
wanted
to
make
on
with
regards
to
the
commerce
text
is
that
if,
if
there
was
a
decision
to
repeal
it,
it's
been
discussed
in
that
there
we
call
it
the
mbt
rate
reduction
provision
which
is
passed
in
part
of
the
2015
tax
bill,
which
is
for
the
even-numbered
fiscal
years.
C
The
protection
is
required
on
or
before
the
end
of
september,
following
that
even-numbered
fiscal
year
to
make
a
determination
if
the
actual
collections
from
the
commerce
tax
and
the
mbt
and
the
branch
bank
access
tax
exceed
the
economic
forms
forecast
by
more
than
four
percent.
If
the
actual
collections
do
exceed
by
more
than
four
percent,
then
there's
a
calculation
of
the
department.
Taxation
must
perform
to
lower
the
mbt
rates.
C
So
then,
again,
if,
if
you
got
rid
of
the
commerce
tax,
that
part
of
the
mbt
rate
reduction,
calculation
would
have
to
be
dealt
with,
and
so
the
the
legislature
would
be
prohibited
from
leaving
the
mbt
rate
reduction
provisions
in
place
and
just
had
them
tied
specifically
to
the
modified
business
tax
in
relation
to
a
forecast
or
other
some
other
metric.
So
I
just
I
appreciate
you.
C
Let
me
go
through
and
just
show
the
information
this
way
in
terms
of
how
we're
looking
at
it
from
this,
this
business
activity
period,
accounting
period,
and
so
with
that
then
you'll
see
the
chart.
That's
right
after
this
table
where
we're
actually
plotting
the
the
green
and
red
line
is
the
fiscal
year
accounting
basis
and
the
purple
and
pinkish
line
are
on
the
business
activity
period
to
just
see
that
they
are
relatively
close,
except
for
fy
2017,
and
that
was
expected.
C
Given
that
taxation
had
this
was
the
first
year
they
were
going
to
16
was
the
first
year
they
had
to
implement
the
tax.
It
was
245
days.
You
had
taxpayers
as
a
new
tax
to
pay.
C
The
expectation
was
that
there'd
probably
be
more
spillage
from
fy16
to
fy17
in
the
first
year
of
that
tax,
and
then
you
can
see
it's
been
really
close
and
then
then
you
go
here
to
fy,
20
and
then
fy21
and
you
have,
I
would
argue,
the
effects
of
the
pandemic
and
on
not
only
the
revenue
and
thus
the
the
taxes,
but
also
perhaps
during
the
pandemic,
for
fy
2020
taxpayers
having
you
know,
maybe
more
being
filed
late
or
that
taxation
wasn't
able
to
get
as
much
revenue
posted
in
fy
2020
and
some
of
it
ended
up
at
fy
21
and
that's
why
you
see
sort
of
this
gap
here
and
then
the
gap
goes
the
other
direction
here
in
fy,
2021..
C
C
Sorry,
sorry,
so
that's
that's
that
information,
madam
chair,
that
I
want
to
present
with
regards
to
these
statistics
in
terms
of
this,
how
we
look
at
the
tax
on
an
economic
activity
or
business
activity
period
in
relation
to
what's
actually
posted
as
revenues
that
and
the
actuals
are
what
you
see
shown
on
the
economic
forum
sheets
as
actual
clutch,
but
behind
the
scenes
as
we're
tracking
it
between
the
department,
taxation,
the
budget
office
and
fiscal,
this
business
activity
period,
and
we
look
at
that
when
we're
forecasting,
because
it's
easier
to
take
this
business
activity
and
try
and
tie
it
to
things
like
wages
and
employment
and
other
economic
indicators
that
are
being
measured
for
that
economic
or
business
activity
period.
C
And
but
I
would
also
then
say
well
we're
doing
that.
But
there's
not
that
much
distortion
on
average,
except
for
possibly
when
you
have
business
cycles.
But
business
cycles
then
end
up
pretty
much
running
distortions
through
almost
any
tax.
They
make
it
hard
for
people
that
have
to
forecast
to
do
so,
and
so
with
that
that
was
sort
of
the
information
I
wanted
to
present
for
these
tables
and
chair
before
moving
on
to
the
next
set,
because
I'll
actually
have
to
get
out
of
this
share
and
then
share
another
night.
A
Okay,
any
any
questions
on
on
the
information
that
was
just
presented.
A
A
You
know
now
that
we're
moving
through
remote
work
telework.
We
have
shared
we're
sharing
workers
across
states.
What
is
that
impact
on?
You
know
the
mbt
collection,
when
technically
our
employee
could
be
50
in
oregon
50
in
nevada.
Because
of
covid.
I
think
it's
just
kind
of
changed
our
employee
relationships
and
whether
or
not
mbt
in
and
of
itself
may
may
be,
a
not
a
dwindling
tax,
but
a
tax
that
needs
to
be
addressed
in
this
new
environment
of
remote
work.
A
C
C
So
these
these
tables
are
not
in
the
packet,
but
they
are
outside
of
the
packet
that
were
emailed
to
you,
but
also
they're
on
the
website,
and
so
I
realized
these
are
gonna,
be
a
little
hard
to
show,
but
I'll
try
and
blow
them
up
here.
Some
and
so
again
this
is
this
was
information
that
we
started
compiling
internally
as
this
new
tax,
and
it's
also
became
part
of
the
economic
forum's
information
set.
C
C
So
what
the
data
here
is
that
you're
going
to
see
it
is
being
compiled
on
a
business
activity
period
basis,
and
so
it
is
dependent,
since
it's
not
sort
of
that
hard
date
under
accounting
period
is
okay
for
that
period
it's
open
through,
and
then
they
can
post
and
then
it's
closed
versus
on
the
business
activity
period
basis
it
it's
dependent
upon
the
point
in
time
that
apartment
taxation
ran
the
data
pursuant
to
a
fiscal
division
request
to
get
this
business
activity
period
basis.
So
that's
why
you'll
see
down
there.
C
In
the
note
we
sort
of
say
it's,
the
data
that's
been
run
and
it
says
up
to
state
and
so
just
to
let
everybody
know
again
by
statute.
The
economic
forum
is
required
to
have
their
next
meeting
on
before
june
10.,
and
so
we
will
be
making
a
request
to
taxation
to
re-run
this.
So
because
there'll
be
about
an
additional
six
months
worth
of
updated
information,
and
then
we
will
be
updating
all
these
tables
and
we
can
at
that
point
in
time,
make
them
available
or
put
them
on.
C
The
join
interim
standing
committee
for
revenues
website
too,
is
just
additional
information
and
we
can
work
with
chair
neon.
C
So
what
you
have
is
these
tables
that
are
showing
you
the
data
so
table
one
there's
a
table
one
for
each
fiscal
year,
fy16
through
fy
2021.,
so
in
each
table,
you're
seeing
the
business
category
the
next
category
again
the
tax
rate-
and
so
this
is
you've
already
seen
this
in
the
prior
table,
but
then
we're
showing
you
the
metrics
for
the
tax,
so
we're
showing
you
the
number
of
tax
payers.
C
So
here
for
fy
2016,
there's
approximately
6869
taxpayers,
sorry,
not
approximately
there
were
and
then
we're
just
showing
you
the
share
of
the
total.
So
you
can
look
at
these
industry
groups
and
see
what
share
is
their
industry
of
the
total
tax,
then
in
column
f
here,
that's
total
gross
revenue.
So
that's
your
gross
revenue
before
any
deduction
and
then
we're
just
again
allowing
you
to
call
them
g
to
see
the
share,
the
total
so
to
get
an
industry
group.
And
then
we
just
show
you
what's
the
total
gross
revenue
for
taxpayer.
C
So
then,
as
we
go
through
it,
the
under
column,
I
we're
showing
you
the
nevada
tax
burden.
So
that's
his
director
he's
been
to-
and
we've
discussed
here
that
this
would
include
the
four
million
dollar
deduction
that
every
business
gets.
That
has
more
than
four
million.
You
deduct
that
and
any
other
deductions
that
you're
allowed
under
statute
to
deduct
from
your
gross
revenue
to
get
the
nevada
tax
rate,
and
then
we
show
you
the
share
of
the
total
and
then
the
amount
of
tax
revenue
is
a
percent,
a
total
gross
rating.
C
So
this
is
allowing
you
somewhat
to
see.
Well
what
are
those
deductions
doing?
Because,
as
we've
already
discussed
some
of
these
industry
categories,
they
may
only
get
the
four
million
dollar
deduction
for
their
business
in
that
category
other
business
categories,
they
may
not
only
get
the
4
4
million,
but
they
get
to
deduct
their
gaming
revenue
or
their
mining
or
their
insurance
premium
taxes,
or
there
could
be
other
deductions
that
are
allowed
under
the
provisions
in
chapter
363.
C
And
so
then
that's
allowing
you
to
see,
and
so,
for
instance,
you
look
at
wholesale
and
retail
trade
here
makes
42
and
then
44.45
and
so
to
combine
they're,
making
up
about
27
and
a
half
percent
of
the
taxpayers
they're
making
up
about
34
of
total
gross
revenues
they're
making
up
about
45
of
the
nevada,
taxable
revenue,
and
thus
you
can
see
okay,
their
share
of
the
amount
of
taxable
revenue
as
a
percent
is
relatively
high
and
especially
and
then
you
can
go
look
at
some
of
the
people
where
it's
low.
C
Well,
those
are
the
industries,
probably
we've
already
referenced,
where
they
have
certain
revenue.
That
is
not
included
in
taxable
revenue,
but
it's
in
grocery.
So
then
out
here
in
columns
m
through
the
end.
We're
showing
you,
the
commerce
tax
due
and
again
it's
tax
due
because
this
is
on
business
activity
period
basis,
not
accounting
pay
basis.
So
this
would
be
the
amount
of
tax.
That's
due
tied
to
these
taxpayer
returns
for
fy
2016,
irrespective
of
the
fiscal
year
period
in
which
the
return
may
have
been
filed
with
the
department
of
taxation.
C
So
again
we
show
you
the
share
total
and
you
can
see
here
again:
retail
and
wholesaling
retail
trader.
Approximately
37
percent
of
the
commerce
tax
do
and
then
we're
just
showing
you
the
average
tax
due
for
taxpayer,
and
you
can
see
it
across
the
industries
and
then
what
we
show
you,
the
effective
tax
rate
as
a
percent
of
total
revenue,
and
then
the
effective
tax
rate
is
a
percent
of
nevada
tax
order.
Now
you
may
look
at
column
q
and
go
well
that's
equal
to
the
statutory
rate.
C
Well,
it
better
be
because
right,
that's
you
take
that
statutory
rate
and
time
and
multiply
times
your
taxable
revenue
that
gets
your
commerce
tax
due
the
reason
why
we
go
take
the
in
column
p
and
show
you
the
effective
tax
rate.
As
a
percent
of
total
gross
revenue,
well,
then
that's
sort
of
showing
you
every
dollar
that
you
you
had
to
report
for
the
congress
tax
as
a
taxable
business
entity.
C
Well
how
what's
the
effective
tax
rate
so
that
takes
account
of
any
deduction
it
it
excuse
me
it
eliminates
the
effects
of
the
four
million
dollar
deduction
or
any
other
deductions.
Just
show
you
how
much
tax
are
you
paying
as
an
effective
tax
rate
on
your
dollar
of
gross
revenue
without
any
deductions?
And
you
can
then
now
start
to
compare
the
effective
tax
rates
across
industry.
So
I
just
wanted
to
go
to
fy16
here
and
thus
there's
a
table,
I'm
not
going
to
go
through
all
of
them.
C
So
what
in
these
in
the
tables
here
and
following
we
take
the
information
from
table
one
for
each
fiscal
year
and
bring
it
together
into
one
table,
so
it
now
allows
you
to
look
across
the
metrics
that
are
in
those
columns
in
table
one
and
compare
across
the
fiscal
year
so
table
two
is
pulling
that
first
part,
it's
the
number
of
text
pages,
so
you
can
now
go
look
across
the
text
categories
and
look
across
the
taxpayers
and
as
director
his
made
reference
to,
but
here
you
can
actually
see
it,
so
it
got
up
to
7775
taxpayers.
C
That
is,
businesses
that
had
at
least
four
million
dollars
in
total
gross
revenue,
so
they're
required
to
file
a
return,
then
in
fy
2020
to
the
pandemic
right.
We
we
drop
down
here
and
to
the
right
you
can
see.
Well,
we
lost
approximately
297
taxpayers
in
fy
2020
and
then
I'll
just
send
some
here.
In
this
part,
we
lost
750
more
in
fy
21
to
drop
down
to
approximately
six
thousand
six
thousand
seven
hundred
texts,
and
so
you
can
think
about
well,
this
tax
can
be
well.
C
You
could
lose
a
business
because
they
closed
right
due
to
the
pandemic.
We
could
also
lose
taxpayers
from
one
fiscal
year
to
a
next,
because
they
were
at
4.5
million
dollars
pre-pandemic
and
they
went
to
3.5
million
during
the
pandemic.
Thus
they
would
be
in
the
prior
fiscal
year,
but
not
the
current
fiscal
year
because
they
drop
below
4
million.
Similarly,
we
can
gain
taxpayers
because
they
were
at
3.5
million
and
went
to
4.5.
C
So
that's
just
the
nature
when
you
think
about
this
tax
and
taxpayers
is
that
when
you
have
a
threshold
to
what's
taxable,
then
okay,
you
could
right,
as
director
has
stated
that
if
you
have
less
than
four
million,
you
only
have
to
file
a
return.
So
that's
when
you're,
when
you're
thinking
about
losing,
but
clearly
we
saw
the
pandemic
that
we
lost
taxpayer.
That's
not
a
surprise,
then
I
think
the
interesting
thing
will
be
as
we
see
the
fy
22
numbers
once
they're.
Those
returns
are
filed.
C
August
15th
and
taxation
has
a
chance
to
get
the
numbers
compiled
and
most
likely
those
will
be
compiled
and
presented
to
either
the
october
or
november
economic
forum.
When
they're
meeting
as
they
move
towards
their
december
forecast
statutory
deadline,
so
okay,
that's
the
number
of
textbooks.
So
then
we
go
to
table
three
and
see
if
I
can
blow
that
a
little
bit.
C
This
is
taking
the
columns
of
total
gross
revenue
from
each
fiscal
year
and
bringing
it
together.
So
here
again,
so
total
gross
revenue
is
before
any
allowed
deduction
or
required
ones
such
as
the
formula.
C
1
billion
to
254.3
billion
in
fy
2020
and
then
actually
went
down
more
to
245
point
approximately
6
billion
in
fy21
and
then
just
to
move
to
the
left.
You
can
actually
see
the
deltas
or
the
dollar
changes
by
fiscal
year,
but
also
across
the
industry,
and
I
realize
this
is
a
significant
amount
of
information.
C
I
find
myself
looking
at
it
still
trying
to
process
it
work
through
it,
especially
for
us
to
try
and
look
at
what
happened
in
fy
2020
in
fy
2021,
the
pandemic
period
across
these
categories.
And
what,
if
anything,
can
you
discern
from
it,
especially
when
you
look
at
over
other
taxes
as
the
modified
business
tax?
C
And
you
also
look
at
the
employment
wage
data
that's
put
out
for
as
other
economic
indicators,
but
so
just
so
just
try
and
remember
that
you
had
approximately
going
from
fy
2019
fy
2020
at
approximately
a
3.9
billion
dollar
reduction
in
gross
revenue,
then
going
into
the
next
fiscal
year
from
like
2020
to
2021,
you
had
approximately
8.6
billion
and
I'm
not
going
to
spend
a
lot
of
time
on
table
four,
but
that's
showing
you
the
gross
revenue
by
taxpayer
and
again,
it's
somewhat
interesting
when
you
look
at
what
is
the
revenue
by
taxpayer
across
these
different
categories
and
again
remember
gross
revenues
before
any
deductions.
C
So
then,
what
I
just
wanted
to
get
to
table
five.
This
is
showing
you.
It
then
brings
together
the
taxable
revenue.
Sorry,
it's
hard
to
try
and
make
it
bigger,
and
then
I
can't
keep
track
of
it
so
again:
taxable
revenues
after
the
4
million
deduction
and
any
other
allowed
deductions
for
each
business
category
in
the
business.
C
In
that
account,
so
you
can
see
here
what's
going
on,
but
it
may
be
easier
to
go
over
here
to
columns
p
through
t
and
recall
that
the
the
reduction
that
we
had
for
the
gross
revenue
and
the
reduction
that
went
on
there
and
the
positives.
C
So
it
went
down
again
right:
approximately
3.9
billion
in
gross
revenue
from
fy
2019
fa.
2020
taxable
revenue
went
down
approximately
4.6
billion,
so
taxable
revenue
from
19
to
20
had
a
larger
dollar
decline
than
the
gross
revenue.
C
C
Another
eight
point:
six
billion
growth
rate,
but
here
you
see
the
taxable
revenue
actually
went
up,
approximately
218.7
million,
so
you
may
be
asking
yourself:
well,
that's
potentially
not
intuitive
to
go
hey
the
gross
revenue
is
going
down
both
years
and
then
the
taxable
revenue
went
down
more
than
20
than
the
gross
revenue
and
then
in
21
the
taxable
revenue
actually
went
down
but
or
excuse
me
went
up
slightly,
but
the
gross
revenue
went
down
almost
seven
billion
dollars.
C
Excuse
me
almost
nine
billion
dollars
well
remember,
as
you
lose
taxpayers
from
one
fiscal
year
to
the
next
you're
losing
four
million
dollars
between
gross
revenue
and
taxpayer.
So
that's
going
to
explain
part
of
that
movement
as
you
as,
as
you
saw
when
we
looked
at
table
two,
we
were
losing
taxpayers
in
2020
compared
to
2019
and
we'd
lost
additional
taxpayers
in
2021
compared
to
2020.,
thus
you're
they
must
have
if
they
were,
if
they're
a
taxpayer
in
a
year,
they
must
have
had
at
least
4
million.
C
So
if
you
lose
taxpayers,
you
lost
their
4
million
dollars
of
gross
revenue,
but
it
you
don't
lose
it
in
the
taxable
size
per
se.
When
you're
trying
to
do
this
net
comparison.
So.
C
But
then
also
can
what
happen
is
you?
Can
you
don't
necessarily
lose
the
taxpayer?
You
could
have
taxpayers
they
again.
They
went
from
ten
million
dollars
down
to
six
minutes.
You
could
also
have
taxpayers
going
from
10
million
to
15
million,
depending
how
the
pandemic
was
affecting
their
industry
and
that
and
so
then,
what
you're
seeing
here
is
the
net
of
all
those
effects
for
both
gross
revenue
and
then
taxable
revenue,
and
so
you
can
get
what
seems
not
intuitive
to
go.
C
Well,
yes,
from
2020
to
fy21,
we
lost
taxpayers,
we
lost
almost
nine
billion
dollars
in
gross
revenue,
but
we
actually
gained
taxable
revenue
in
2021
compared
to
2020.
Well,
possibly
because
right.
The
end
of
fy
2020
was
a
more
brutal
period
for
a
lot
of
businesses,
because
the
supply
curves
were
pretty
much
almost
removed
from
the
economy
for
a
period
of
time,
and
then
there
was
okay.
C
C
You
could
be
losing
taxpayers,
thus
you're
losing
them,
but
you
also
have
taxpayers
moving
around
between
fiscal
years
in
terms
of
did
they
gain
revenue
and
they
stayed
in
the
tax
base
both
years
or
they
lost
revenue,
and
it
is
an
interesting
result
and
then
again
you
look
across
the
categories.
You
can
see
some
of
those
where
they
they
did
continue
to
lose
revenue
from
fy
2020
to
fy2021
and
then
there's
others
that
they
were
the
ones
that
gained
and
then
especially
you
look
at
the
one
here.
C
I
believe
I
got
my
finger
on
retail
trade,
so
that's
here,
so
retail
trade
did
not
go
down
in
fy
2020
in
the
pandemic,
compared
to
fy
2019
and
again
this
is
taxable
revenue
and
and
then
you
can
see
the
almost
5.3
billion
dollar
increase
in
fy
21
compared
definitely
well
right.
All
this
can
think
through
what
was
going
on
is
that
even
those
sort
of
the
bricks
and
mortar
supply
curves
were
deterred
or
I
had
to
be
taken
out
of
the
economy.
C
You
still
had
online
and
so
people
right
ordering
online
and
also,
interestingly
enough.
We
saw
you
know
some
of
the
other
retail
sales
categories
were
doing
better
than
perhaps
one
might
expect
in
the
pandemic
period,
but
you
had
ventral
stimulus
funds
that
were
out
there
helping
to
shore
up
the
economic
impact
of
the
pandemic
on
the
economy.
So
again
I
I
just
I
don't
wanna.
C
I
realize
there's
a
lot
of
information
here
and
I
I
just
wanted
to
go
through,
so
you
can
get
that
and
some
of
the
nuances
you
can
see
when
you're
looking
at
this
and
that's
for
forecasters,
it
can
be
an
interesting
thing
to
go.
Well
one's
going
up
the
other
one's
going
down
and
then
we
do
try
and
look
across
these
categories
and
and
see
what's
going
on
so
then
the
other
table
here
table
six.
C
It
just
takes
the
nav
out
of
taxable
revenue
and
puts
it
on
a
per
taxpayer
business
for
each
category
and
again
sometimes
this
is
interesting
to
look
at,
especially
when
you
and
then
I
will
say
this
columns
j
through
o,
it's
showing
you,
the
ratio
of
nevada,
taxable
revenue
for
taxpayer
for
each
fiscal
year
to
the
this
peak
total
to
the
total
down.
Here
so
right,
if
you're,
if
it's
more
than
100,
then
your
your
taxable
revenue
for
taxpayer
for
your
industry
group
is
greater
than
the
aggregate
or
the
commerce
tax.
C
C
We
can
go
look
at
the
revenue
and
then
this
allows
you
to
do
the
the
ratio
to
see
how
much
revenue
is
for
taxpayer
and
look
across
the
categories
and
then
finally,
on
table
seven
here
we
have
the
commerce
text
due
so
again,
this
would
be
the
amount
of
text
due
and
then
you
have
the
shares
here
in
columns
j
through
o
of
the
total,
and
then
you
have
the
dollar
change
and
the
percent
chain,
and
then
I
think
sorry,
I'm
trying
to
yeah.
C
So
then
then,
to
show
you
here's
the
average
tax
due
for
taxpayer.
So
this
gives
you
some
idea
of
for
each
business
category.
How
much
tax
is
a
taxpayer
in
that
category,
paying
on
average
what
we
haven't
done
and
we've
talked
about
it?
We
just
haven't
had
the
time
and
the
to
get
the
data
they
really
work
for
is
to
look
at
this
on
some
kind
of
percentile,
whether
quartiles
or
quintiles.
Did
you
see
you
know?
How
is
it
distributed
across
percentiles,
because
this
is
the
average?
C
And
you
know
the
average
just
provide
information,
but
you
can't
really
see
well.
The
average
could
be
this
because
there's
and
you
can
expect
in
some
of
these
categories-
there's
probably
some
really
big
taxpayers,
as
well
as
some
ones,
maybe
not
much
over
four
million
and
then
others
that
may
be
dominated
by
just
bigger
guys.
C
C
C
And
just
go
okay,
so
that
if
you
text
every
dollar
without
any
deductions,
the
the
effective
tax
rate,
the
statutory
tax
rate
would
be
the
same
right.
But
because
you're,
giving
the
four
million
dollar
deduction
to
all
business
categories.
And
then
some
business
categories
get
additional
deductions.
Then
they're
going
their
effective
rate
will
start
to
go
down
as
a
percent
of
their
growth
rate
and
that's
what
table
nine
attempts
to
go
through
all
that
and
show
you
the
metrics
for
that
table.
C
10
is
it's
the
effective
rate
as
a
percent
of
nevada,
taxable
revenue?
And
again
this
has
done
more.
It's
a
more
of
a
data
check
that
when
we're
getting
the
data
from
taxation
and
we're
working
to
it,
compiling
it
here,
the
effective
tax
rate,
better
equal,
the
statutory
tax
rate,
because
this
you
attach
the
statutory
tax
rate
to
taxable
revenue,
but
it's
just
sort
of
our
check,
but
also
puts
it
in
here.
C
If
you,
you
know,
you
can
look
back
and
forth
across
these,
and
so
with
that,
madam
chair,
that's
the
information,
these
tables,
and
if
you
just
let
me
I'll,
stop
to
share
and
then
I've
got
to
pause
for
just
a
second
and
I'm
not
going
to
go
through
them,
but
I
did
want
to
bring
them
up
just
to
show
the
members
what
the
information
is.
C
C
They,
these
tables,
the
the
pie,
chart
sort
originally
came
out
of
a
legislative
request
from
years
back
and
it
took
us
a
while
to
figure
out
how
to
do
this.
But
again
this
this
takes
the
data
into
the
tables
and
it's
hard
to
put
multiple
fiscal
years
in
one
picture.
So
this
is
again
you've
got
a
set
of
charts
for
the
different
categories
for
each
fiscal
year
and
so
to
just
try
and
go
through.
C
So
this
first
chart
one
for
fy16,
again,
here's
the
tax
total
tax
due,
and
so
I
sometimes
think
we're
all
wired
differently
as
to
looking
at
numbers
in
a
table
or
looking
at
them
graphically
and
just
some
people.
You
know,
process
the
information
differently,
but
I
think
the
look
at
this
allows
you
to
sort
of
see
what
we
tried
to
put
in
there.
C
What
the
dollar
amounts
were
and
the
share,
so
you
can
just
see
that
in
the
chart,
so
I
I'm
just
going
to
flip
through
fy
16.,
here's
the
average
tax
due
for
tax.
So
again
it
allows
you
to
see
what
you're
trying
to
look
at
the
table
to
visually
see
well,
which
ones
in
the
categories
are
the
bigger
slices
of
the
pie
compared
to
some
of
the
other
ones
versus
trying
to
discern
that
from
looking
at
all
the
columns
of
rows
of
the
table.
C
Chart
three
is
the
number
of
taxpayers
chart.
Four
is
the
effective
tax
rate
again
as
a
percent
of
total
gross
revenue,
and
so
you
can
see
what's
as
you're,
going
across
the
first
three
charts
and
then
you
get
to
this
one.
All
the
pies
become
much
more
uniform
right
and
the
number
of
taxpayers
goes
from.
You
had
some
pretty
big
slices
and
then
here
you
get
okay,
the
effective
tax
rate
percent
of
total
gross
revenue.
You
see
a
little
bit
more
equalization.
C
Maybe
equalization
is
right
word,
but
a
little
more
uniformity
across
those
effective
tax
rates
in
terms
of
looking
at
graphically
in
terms
of
the
slices
of
pie,
and
then
this
actually
takes
that
that
table
and
shows
you,
the
the
red
bar
is
the
statutory
rate.
The
blue
bar
is
the
effective
tax
rate
and
it's
as
a
percent
of
total
gross
revenue.
C
So
again
it's
a
visual
way
of
being
able
to
look
at
that
and
show
well
what
what
would
be
the
statutory
rate
if
you
taxed
every
dollar
versus
what
is
the
effective
tax
rate,
which
is
the
tax
that
they
paid
divided
by
the
revenue
that
actually
had
or
every
dollar
revenue,
and
so
again
it
just
allows
you
and
you
quickly
to
look
at
some
of
those
categories
that
we're
looking
so
here's
mining
extraction.
Well,
we
talked
about
they
the
any
gross
revenue.
That's
so
our
gross
procedure
to
the
net
proceed.
C
Minerals,
tax
isn't
required
to
be
revenue,
taxable
revenue
for
the
commerce,
tech
fire
insurance
right
here
you
have
the
insurance
premiums
as
revenue
that
required
me,
but
you
can
see
then,
for
like
say,
retail
and
wholesale
there's,
not
as
much
gap
between
the
bars
and
then
for
some
of
the
other
ones,
such
as
accommodations.
We
talked
about
nevada
gross
revenue
and
so
again
there's
a
set
of
these
charts,
five
charts
for
each
one
of
the
fiscal
year,
and
so
I
just
wanted
to
at
least
go
to
one
and
that's
out
there.
C
So
this
is
the
information
that
we're
putting
out
there
and
and
again,
as
I
think,
chair
neal
stated
that
just
get
out
there
that
we,
we
are
compiling
quite
a
bit
of
information
and
putting
it
out
there
for
the
members
of
the
public
legislators,
economic
forum,
members,
anyone
as
to
this
tax
and
since
it's
an
inception,
has
approved
in
the
2015
session
and
becoming
effective
for
fy
2016,
going
forward
through
fy21
data,
and
so
with
that,
madam
chair.
A
Okay,
mr
again,
tonight
a
quick
question,
though,
going
back
to
that
slide
on
where
it
showed
the
loss
of
what
was
it.
I
think
750
businesses.
A
I
don't
know
if
that
was
in
your
table
too,
but
it
showed
loss
of
750
businesses
in
2021,
and
I
don't
know
if
this
is
a
question
for
fiscal
staff
or
department
of
taxation.
But
the
thought
that
I
had
was
how
long,
how
hard
would
it
be
to
get
the
data
on
the
750
businesses
that
we
lost
and
what
their
status
what's
the
status
of
them
right
now,
because
this
is
big
picture,
I
was
because
I
was
wondering
if
we
could
identify
the
status
like
you
know,
there's
there's
a
couple
of
categories
right.
A
It
could
be
that
you
dropped
under
four
million,
so
you're
no
longer
being
captured,
which
means
you
lost
revenue.
The
second
thing
could
be
what
you
mentioned.
Was
the
business
went
out
of
business,
or
it
could
also
be
a
business
that
maybe
they're
still
here
they
pivoted
and
went
into
another
industry,
and
so
the
the
the
big
picture
thought
that
I
had
was
we
trying
to
get
indicators
on
our
economic
climate
in
nevada?
A
If
we
can
our
tax
data
in
order
to
understand
what
happened
to
you,
how
can
we
assist
to
really
understand
what's
hurting
hurting
them
or
how
to
reposition
them
in
our
economy?
A
And
so
that's
what
I
feel
like
that
that
chart
can,
if
we
could
like
go
deeper
if
there
was
possibility
to
go
deeper,
to
do
a
survey
to
find
out
okay,
we
want
to
know
what
happened.
You
750
businesses.
We
want
a
deeper
dive
on
what
took
place.
Where
are
you
what
happened?
C
Well,
I
the
madam
chair,
this
is
russell
and
as
your
fiscal
staff
for
the
record,
and
so
maybe
I'll
answer
by
saying
it's
possibly
not
impossible,
so
so
that,
but
I
think
we're
in
terms
of
your
fiscal
staff
being
able
to
interact
with
our
department
of
taxation,
colleagues
and
and
try
and
look
at
some
of
that.
I
just
don't
believe
and
I'll.
C
Let
deputy
director
flatly
possibly
respond
and
realize
they
may
need
to
think
about
it
also,
but
I
I
think
we
could
never
disclose
that
to
anyone
publicly,
even
though
your
fiscal
staff
may
be
able
to
work
with
the
taxation
and
figure
that
out
so
so
the
front
part
of
it.
That
is
what
taxpayers
were
there
in
2020
that
well
aren't
there
in
2020
that
weren't
there
in
2019,
which
ones
aren't
there
in
2021,
which
ones
did
we
pick
up
that
kind
of
stuff?
C
But
I
I
think
we're
probably
just
going
to
run
a
foul
of
the
department
taxation's
requirements
that
they
can't
report
in
stuff
on
individual
taxpayers
because
it
has
to
be
kept
confidential.
C
Even
if
we're
not
going
to
report
anything
about
what
their
revenue
or
their
taxes
or
anything,
but
we're
actually
would
be
disclosing
something
about
the
position
of
a
taxpayer
such
that
they
ended
up
and
and
again
I
don't
know
how
so
we
could
sort
of
tell
are
they?
Are
they
not
in
the
tax
base
in
any
one
of
those
those
fiscal
year
periods,
but
what
we
wouldn't
know
is:
did
they
close
or
did
they
just
drop
below
4
million?
C
C
Well,
fiscal
can
figure
that
out,
but
you
can't
ever
disclose
it
and
then
even
within
that
we
may
not
be
able
to
figure
it
out
because
from
the
the
level
of
information
that
taxation
has
they
just
if
you
have
more
than
4
million
you
file
a
return.
If
you
don't
have
more
than
four
million
you
don't
file
a
return.
So
do
I
do.
I
know
why
you're
in
the
tax
base
one
year?
C
No,
no,
no,
and
so
I
don't
mean
to
put
a
deputy
director
flatly
on
on
the
spot,
but
I
think
that's
where
my
mind
goes.
Is
your
legislative
council
bureau
staff
that
we
might
want
to
follow
the
department,
taxation
and
their
reporting
requirements
to
maintain
confidentiality
of
taxpayer
information.
A
And
mr,
I
understand
that,
and
before
miss
flatly
you,
you
respond,
here's
here's
the
thought.
That's
in
my
in
the
background
right,
we
got
all
this
federal
money
right
to
help
businesses.
A
A
You
are
in
a
position
to
dial
in
and
find
out
who
those
businesses
are
so
that
the
actual
money
that
is
being
spent
is
appropriately
used
on
the
businesses
that
actually
need
it
and
should
be
impacted
by
it,
because
the
data
is
telling
us
they
fell
out
of
a
tax
type,
and
we
want-
and
we
need
to
understand
why-
right,
because
we're
nevada
and
nevada
needs
to
deal
with
the
indicators
and
the
behaviors
that
are
going
on
in
nevada
in
order
to
effectively
remedy
or
treat
a
business
that
may
be
affected
by
taxes
and
and
their
and
their
economic
positioning
is
floundering.
A
A
We
probably
need
to
ask
some
additional
questions
about
these
businesses
that
fell
out
of
a
tax
type,
because
they're,
probably
still
here
and
they're,
probably
wondering
what
is
going
on
and
how
they
can
be
helped.
And
I
don't.
I
think
that
this
is.
I
think
that
data
leads
us
to
identifying
them
in
a
better
way
than
what
we
do
right
now
and-
and
I
know
I'm
taking
a
real
big
picture
but
to
me
that's
what
I
saw
in
the
data
in
addition
to
some
other
things,
so
go
ahead.
Miss
flatly.
D
Deputy
director
melissa
flatley,
I
don't
know
how
much
I
can
add.
Mr
guindon
did
point
out
some
of
the
challenges
that
the
department
of
taxation
would
have
in
releasing
taxpayer
data,
to
the
extent
that
it
could
be
collected
in
a
meaningful
way
and
I'm
going
to
mess
this
up
anonymized
made
anonymous.
D
In
addition,
there
are
other
reasons
that
those
taxpayer
numbers
may
have
declined,
as
mr
gindin
explained,
with
the
change
with
not
meeting
filing
periods
filing
late
amending
late,
so
those
numbers
can
be
dynamic
for
a
period
of
time
after
the
year
ends,
so
that
750,
maybe
two
or
three
years,
for
that
to
really
be
an
accurate
number
of
how
many
taxpayers
did
not
actually
file
for
the
last
fiscal
year.
A
A
For
me,
so
do
you
think
that's
possible,
I
know
mr
ginnon
created
it
and
we
would.
We
would
try
to
clone
him
if
we
could.
However,
you
could
learn
his.
I
guess
if
he
missed
him,
nakamoto
I'd
be
asking
him
to
replay
that
slide
and
compare
it
in
20.3.
C
Well,
madame
chair
is
this
was
russell
gaming
for
the
record,
and
so
I
I
think
I
I
get
what
it
is
that
you're
trying
to
get
at
here,
and
so
I
think
I
appreciate
deputy
director
flatlike
on
that.
Well
yeah.
We
probably
can't
get
to
where
you
really
want
to
go,
but
can
we
step
back
and
think
about?
Is
there
a
way
that
we
might
be
able
to
take
the
information
and
do
a
little
bit
more?
I
absolutely
concur
with
you.
C
I
I
I
think
here
this
fall
after
they
get
down
with
fy
2022.
C
We
will
be
able
to
compile
that
information
and,
as
director
flex
said
well,
we'll
ask
taxation
to
recompile
the
stuff
for
fy21,
fy2020
and
fy2019,
and
these
numbers
could
change
that
are
in
these
tables
because
again
they're
on
a
business
activity
period
basis,
and
then
we
can
see
hey
how
many
taxpayers
did
we
get
back
and
we
can
even
look
across
the
categories.
One
of
the
things
that's
going
through
my
mind
and
again
we
would
have
to
just
sort
of
internally
think
about
it.
C
Talk
to
our
taxation
colleagues
and
get
the
data
in
fiscal
here
is
again
trying
to
it.
Won't
maybe
get
you
exactly
what
you
were
looking
at
or
asking
for,
but
it
may
show
a
little
bit
more
like
to
go.
Look
at
this
on
some
kind
of
percentile
that
is
either
quintiles
quartiles
so
that
you
can
start
to
see
like
hey.
C
What
is
it?
What
does
it
look
like
for
taxpayers,
they're
into
that
the
first
quarter,
the
second
quarter,
third
quarter
and
fourth
quarter.
If
we
do
it
say
on
quartiles
in
terms
of
over
those
fiscal
years
by
business
tax
category,
well,
how
many
taxpayers
were
in
there
and
then
left
those
courthouses,
because
then
it
might
and
then
we
could
quartile
it
maybe
based
on
gross
revenue.
C
That
way
we
could
say
well,
it
was
smaller
businesses
or
it
was
bigger
businesses
that,
where
the
changes
was
occurring
so
again,
I
I
don't
think
we're
ever
going
to
be
able
to
get
there,
especially.
I
appreciate
the
director
platelets
to
individual
taxpayers
net,
but
perhaps
we
can
stay
in
the
aggregate
form
of
the
data,
but
somehow.
C
Detail
it
out
a
little
bit
more
by
doing
this
quartile
or
quintile
analysis,
but
it
again
would
have
to
be
done
in
a
way
that
we
don't
end
up
with
too
few
taxpayers
in
any
particular
category,
because
then
taxation
is
going
to
come
down
on
us
again
rightfully
so.
But
that's
what's
going
to
my
mind,
madam
chair,
is
that
we
can
think
about
it
and
interact
with
director
hughes
and
deputy
director
flatly
and
other
taxation
staff.
As
okay.
C
Can
we
work
through
this
and
then,
if
we
can
get
to
where
we
think
we
could
do
that
for
say
night
to
do
it
for
every
fiscal
year
and
there's
a
lot
of
data
here
so
about
okay?
Maybe
if
we
could
do
19,
20
21
and
when
22
comes
out,
if,
if
we
could
figure
out
how
to
do
this
before
the
22
numbers
and
then
maybe
that's
something
we
could
bring
forward
but
and
again
it,
it
may
not
be
until
close
to
the
end
of
this
calendar
year.
C
So
it
may
be
too
late
to
bring
forward
to
your
interim
revenue
committee,
but
if
we
can
get
there,
it
could
potentially
be
something
that
could
be
brought
forward
for
the
revenue
committees
during
session.
A
So,
thank
you
for
that
indulgence,
members.
Any
questions,
look
of
confusion,
the
woman
anderson.
A
A
But
this
is
continues
to
be,
and
this
is
something
self-reported
and
so
kind
of
thinking
about
last
month's
meeting
as
well.
Is
there
ever?
Are
there
ever
any
audits
or
exactly
kind
of
what
I
think
chair
neil
was
bringing
up
of
well?
Why
did
this
person
drop
off
but
before
they
were?
Okay,
so
are:
do
we
ever
audit,
or
is
it
completely
done
by
honor,
based
self-reporting,
or
is
that
done
by
the
industry.
D
Chief
deputy
director
melissa
flatley
for
the
record,
there
are
audits
of
commerce,
tax
taxpayers.
I
don't
have
the
statistics
off
the
top
of
my
head
of
what
that
penetration
rate
is,
I
think,
universally
we're
under
2,
but
I
can
confirm
that
number
and
follow
up
with
you
specific
to
commerce,
tax
taxpayers.
A
Great,
thank
you
any
additional
questions,
similar
women
cohen
vice
chair
color.
Thank
you.
So
obviously,
we
have
more
businesses
in
our
in.
B
For
commerce
tax
in
the
in
the
urban
areas,
or
when
you
do
do
the
rural
areas
still
have
the
same
percentage
percentages.
You
see
what
I'm
saying
like,
even
even
though
they
have
less
businesses
do
those
businesses
still
tend
to
qualify
for
the
commerce
tax
just
as
much
as
in
the
urban
areas.
D
Melissa
flatley
again
for
the
record
I
apologize.
I
do
not
have
all
the
statistical
breakdowns
on
this,
but
this
is
something
we
can
definitely
follow
up
with
afterward.
I
know
there
are
tax
rates
for
agricultural
industries,
so
there
are.
If
an
entity
exceeds
the
4
million
threshold,
then
they
would
be
subject
to
the
commerce
tax,
but
the
burden
in
your
the
way
I
see
your
question
is:
is
it
financially
impacting
urban
and
rural
areas
similarly
or
the
number
of
qualifying
businesses
in
each
area?
That's
something
we
can
work
on
getting
for
you.
C
Madam
chair
again,
this
is
russell
going
for
the
record
and
vice
circle.
That's
actually
a
really
good
question,
because
I'll
be
honest,
I
you
can
see.
We
have
a
lot
of
data
and
we've
been
compiling
it
and
tabulating
it
and
we're
just
looking
statewide,
because
we
think
of
it
being
a
statewide
tax,
but
clearly
it's
being
generated
by
businesses
located
throughout
the
state.
C
So
I've
never
really
pondered
trying
to
compile
it
even
at
the
county
level,
if
possible
and
or
something
more
detailed
than
sub-county.
I
think
again
we
may
run
into
disclosure
issues,
but,
okay,
I
I
don't
even
know
I
haven't
looked
at
that,
so
that's
interesting
so
have
to
think
about
it.
C
C
So
say
you
have
10
stores
some
located
in
clarkson
located
in
washington,
some
located
in
the
other
15
counties.
Well,
you,
you
may
just
be
reporting
your
total
revenue
for
all
your
locations,
so
it
may
not
even
possible
to
stratify
it
out,
but
clearly
that
business
may
have
a
doing
business
as
an
ad
location.
C
So
then
would
be
my
concern
if
we
started
to
just
compile
it
based
on
their
their
business
address.
Okay,
I
don't
know
enough
about
that.
Business
taxpayer
to
know
he's
got
10
stores
and
he
he
broke
them
out
or
he
compiled
them.
But
it's
a
good
question
that
intrigues
me
to
think
about
that
just
go
wow.
Is
there
any
way
that
we
could
and
do
it
in
a
way
that
it
would
be
good
information
and
that
there
wouldn't
be
distortions
in
there?
C
That
would
mislead
a
person,
and
so
I
think
all
I
can
tell
you
here
this
afternoon
is
good
question.
Let
us
think
about
it
and
see
what,
if
anything,
we
could
do
in
a
way
that
we
would
be
comfortable
reporting
that
to
use
a
legislator
and
for
public
use.
It
may
be
that
we
can't,
but
I
just
don't
know
until
we
start
looking
into
thank.
A
All
right,
so,
mr
guindon,
it's
almost
three,
so
the
presentation
on
the
historical
cause
this
was
this
was
we
were
picking
this
up
to
kind
of
finish
up
the
things
that
we
left
in
other
meetings
who
was
presenting
on
that?
Was
it,
mr
real.
C
Or
it's
me
again:
okay
and
I
and
again
I
I
can
go
through
this
somewhat
quickly.
We've
had
this
on
the
agenda
a
few
times
and
and
I'll
just
try
and
really
hit
the
highlights
a
little
bit
more
because
I
and
the
primaries
I've
talked
to
it
verbally.
A
little
bit
really
didn't,
try
and
bring
up
the
charts.
If
that's
okay
with
you,
madam
chair,
that's
fine!
Okay!
So
again
these
tables
begin
on
your
packet
on
sorry,
trying
to
run
dual
screens
here,
page
53..
C
So
again
you
you've
seen
these
in
the
other
packets,
and
this
is
where,
as
we
did
at
the
january
meeting,
and
since
we
spent
more
time
going
to
that
or
we
took
the
in
january,
we
took
the
total
general
fund
revenue
and
put
it
on
this
and
compared
it
to
population
inflation
and
put
it
on
an
inflation-adjusted
per
capita
basis.
C
So
what
you
see
here
on
the
screen
and
I'll,
try
and
lower
low?
This
is
the
state
two
percent
sales
tax
that
we
just
the
park.
Taxation
went
through
and
we
had
some
other
information.
My
colleague
mr
nakamoto
went
through
the
tax
rates
and
all
that
stuff
for
the
sales
tech,
so
this
just
shows
you
from
fy
1990
to
fy21
actual
and
then
the
forecast
for
22
23.,
the
actual
state
two
percent
sales
tax.
C
Certain
exemptions
were
approved
and
or,
as
we
had
already
discussed,
that
the
economy
is
changing,
that
is,
people
are
moving
from
tangible
personal
property
to
digital
and
or
they're
moving
that
we've
been
seeing
a
movement
away
from
goods
to
services,
and
so
then
that
can
affect
the
tax
base,
which
then
affects
the
two
percent
collection.
C
So
this
is
just
the
table
where
it
shows
that
information
and
then
here's
the
chart
that
shows
you
things
on
the
current
dollars
and
then
inflation,
just
a
dollar
and
and
so
what
inflation
does
in
terms
of
in,
and
I
will
just
point
out
this
fy
2020
two
forecast
here:
it's
probably
not
going
to
dip
like
that,
given
where
the
collections
are
for
to
the
first
six
or
seven
months
of
fy
2022,
the
actual
collections
are
going
to
be
significantly
above
the
forecast.
C
But
this
is
the
forecast
that's
in
the
chart,
but
I
just
thought
I'd
point
that
out
that
will
once
the
it
becomes
a
green
line,
will
it
be
above
fy
2021.
The
expectation
is
yes
given
where
the
first
half
of
the
fiscal
year
is
tracked.
C
So
then
the
next
chart
puts
it
on
in
the
current
dollars
per
capita
and
inflation-adjusted
dollars
per
capita.
So
what
you
can
see
here
on
the
inflation
just
because
for
the
state
to
percent,
remembering
that
no
rate
changes,
so
you
saw
it.
C
It
went
up
here
through
the
mid
90s
and
then
was
pretty
much
slot
started
to
go
down
and
then
started
to
go
back
up
here
in
the
heated
economy
before
the
great
recession
and
then
was
starting
to
recover
even
an
inflation,
adjusted
per
capita
terms,
and
and
then
you
can
see
that
hey
it
started
to
come
up
here
more
and
so
you
see
the
fy
19
tick
and
then
we
had
the
flight
2020
because
the
pandemic.
Well,
I
think
some
of
this
was
remember.
C
We
we
put
in
place
the
regulations
for
wayfarer
versus
south
dakota,
so
we
picked
up
some
of
the
online
retailers,
but
then
in
fy
2020
here
that's
when
marketplace
facilitators
became
effective
october
2019..
C
Unfortunately,
we
had
to
have
a
pandemic
in
on
many
facets,
but
it
did
then
distort
our
ability
to
really
see
the
effect
of
ab455,
but
I
would
argue
without
that,
then
this
this
line
would
have
gone
down
even
more
because
that
helped
show
this
up,
and
so
then,
when
we
put
it
on
index
terms,
this,
it's
sorry
I'm
trying
to
I'm
having
a
hard
time.
C
Okay,
there
that
this
just
indexes
everything
to
fy
1990.
So
it's
one.
It
allows
you
to
compare
current
dollars:
inflation
adjusted
dollars,
current
dollars
per
capita
inflation
just
dollars.
So
you
can
see
it
was
relatively
flat
here
and
then
went
down,
and
then
it
was
starting
to
come
back
out
of
the
great
recession,
even
inflation-adjusted
per
capita
terms,
and
then
you
have
the
pandemic.
C
What
this
this
chart
is
blowing
up
that
bottom
line,
and
it's
just
allowing
you
see
things
on
inflation,
adjusted
per
capita
term
index
step
by
1990.
So
again,
one
is
fy:
1990
inflation,
just
per
capita
dollars,
so
you
see
it
was
basically
running
below
and
then
declining.
And
then
we
had
the
heated
economy
and
the
steep
hall
and
then
the
recovery
and
possibly
without
the
pandemic.
We
would
have
continued
to
have
it.
C
But
it's
still,
you
can
see
it's
still
short
of
being
at
the
fy
1990
inflation,
joseph
per
capita
dollars
that
the
two
percent
sales
tax
generated
in
fy
1990,
compared
to
where
we
are
now
and
right,
as
we've
talked
about
at
prior
meetings,
you
can
see
it's
been
increasing.
Will
it
continue
to
increase
and
ever
get
back
to
say
the
fy
1991
level?
C
I
don't
know
because
right
we've
got
the
consumption
changes
that
we've
talked
about
people
moving
from
tangible
to
digital
and
could
it
get
there
or
just
never
will
get
back
to
definitely
1990
level,
because
the
fy
1990
taxable
sales
base
and
the
economy
were
a
different
economy
than
we're.
Seeing
now
in
terms
of
how
people
consume
things.
C
This
chart
is
one
that
wasn't
there
for
the
general
fund
and
added
it
here
and
what
it
does
is
shows
you.
The
green
line
is
the
actual
collections
by
fiscal.
The
purple
line
takes
fy
1990
dollars
and
grows
each
year
by
the
combined
population,
inflation
growth.
So
it
will
just
show
you
hey.
It
was
so
through
here
it
was
keeping
pretty
good
pace,
you
see
in
the
charts,
but
then
you
see
the
the
sort
of
the
break
at
the
great
recession,
but
we're
closing
the
gap.
C
A
little
in
terms
of
this
is
the
purple
eyes
again.
Had
we
grown
population
inflation
every
year
from
fy
1990
and
in
two
percent
collections.
That's
what
we
would
have
gotten
on
the
purple
line
versus
what
we
actually
got
in
the
green,
and
so
then
this
just
shows
you
the
the
collection
to
state
two
percent
sales
tax
collections
as
a
percent
of
total
general
fund.
So
you
can
see
it
was
up
here
as
a
share
somewhere
in
the
37
range
mid,
high,
30s
and
then
the
great
recession.
C
It
fell
all
the
way
down
to
25
percent,
but
part
of
this
steep
ball
here
is
because
of
the
revenue
actions
that
the
legislature
was
taking
during
the
grant
recession,
and
also
in
special
sessions
that
try
and
get
general
fund
revenue
back
in
the
sheets,
and
thus
that
wasn't
being
done
because
the
state
two
percent
rate
can't
be
changed
without
another
people.
So
this
is,
you
were
adding
general
fund
revenue.
The
denominator
is
getting
bigger
bigger,
but
the
numerator,
which
is
two
percent
collections,
isn't
so
the
share
falls
down.
C
But
then
you
can
see
some
of
those
things
that
we
did
during
the
great
session
were
transitory
or
one
time.
Thus,
as
they
as
they
came
out,
then
this
two
percent
collection
shares
started
to
get
back
up
around
30
and
then
has
fallen
down
back
down
and
it's
sitting
somewhere
in
the
high
20,
the
low
30
as
a
share
of
the
general
fund.
So
it's
still
a
relatively
large
share
of
the
state's
general
fund
revenues,
even
though
it
has
gone
down
and
again
what
were
the
actions,
the
the
modified
business
decks
in
2003?
C
You
had
the
commerce
tax
in
2015,
as
well
as
some
other
actions,
you've
added
the
tnc,
the
transportation
network
companies.
Things
like
that,
so
you've
added
things
to
the
general
fund
revenues,
but
they
haven't
come
because
of
the
sales
tax.
So
then
the
liquor
taxes-
this
is
here
it's
the
same,
showing
the
total
actual
and
only
the
general
fund
portion.
C
As
mr
nakamoto
went
through
at
the
meeting
as
to
how
the
liquor
tax
works
and
again
then
we
have
the
tax
change
here
and
thus
that's
why
you
see
this
almost
100
percent
increase
in
tax
collections
because
of
the
approximately
75
increase
in
the
tax
rates
in
the
2003
special
session,
effective
for
fy,
2004
and
then
I'll
just
quickly.
You
can
see
the
charts
that
are
showing
you,
and
so
I've
got
to
move
the
attendees.
C
Well,
traditionally,
this
is
what
you're
going
to
expect
because,
as
we
looked
at
the
sales
tax,
well,
the
sales
tax
is
a
tax
that
has
both
demographic
and
inflationary
components
to
it.
It's
a
tax
based
on
the
value
of
something
and
then
as
more
visitors
come
to
state
or
more
more
residents
are
in
the
state.
That's
the
demographic
component
and
or
even
those
people
as
we
talk,
they
can
change
their
consumption
behavior,
but
the
sales
tax
has
both
demographic
and
inflationary
components.
C
The
liquor
taxes
was
discussed
previously,
it's
a
it's
a
tax
based
on
the
gallons,
so
it
can
have
the
demographic
component
as
more
visitors
and
the
population
increases.
There
are
maybe
more
gallons
of
liquor,
but
it
doesn't
have
an
inflationary
component
because
it's
based
on
units
not
on
value.
So
this
is
what
you
expect
to
see
for
those
kinds
of
taxes,
but
when
you
look
at
them
in
inflation,
adjusted
per
capita
terms
is.
Is
that
whatever
your
reference
index
period
is
that
you
choose
then
going
forward
from
then
barring
tax
increases?
C
C
And
then
this
is
just
taking
the
inflation
adjusted
per
capita
to
show
you
in
relation
to
one
with
staff
with
a
1990
level.
So
you
can
see
the
tax
increase
in
2003
to
75
percent
and
then
the
changes
in
consumption.
It
got
close
to
almost
restoring
it
back
to
the
fy
1990
level.
But
again,
as
I've
already
discussed
in
it,
it's
productivity
and
inflation.
Adjusted
per
capita
metric
starts
to
degrade.
C
Well,
so
we
thought
about
well,
we
might
as
well
get
this
table
set
up
because
it
can
be
maintained
just
like
all
the
other
ones,
for
the
revenue
committee's
consideration
as
needed
or
desired
going
forward,
but
to
just
to
put
in
the
commerce
tax,
because
it's
you
can
put
in
the
actual
collections
and
again
this
is
accounting
previous
actual
collections
and
then
again
go
show
it
on
inflation,
adjusted
per
capita
fy
1999.
C
1990,
and
I
guess
you
could
you
might
say:
well,
you
didn't
have
the
tax
in
fy
1990
well,
but
when
you're
indexing
I
can
still
pick
fy
1990
as
a
base
reference
period
to
show
what
it
would
look
like
in
inflation
just
term.
I
just
don't
have
the
history
back
here
to
compare
two,
but
you
can
see
hey
it's
been
fairly
stable
in
terms
of
how
what
it's
doing
and
so
I'll
just
show
you
I'm
going
to
apologize.
C
It's
just
a
little
hard
to
get
so
here
it
is
showing
because
I
I
can't
do
some
of
the
charts,
because
I
don't
have
the
data
all
the
way
back
up,
but
you
can
do
the
charts
just
beginning
in
fy,
16
and
current
dollars.
Inflation
adjusted
dollars,
current
dollars
per
capita
and
inflation,
just
a
dollar
per
capita,
and
you
can
see
it's.
C
It
was
going
up
sort
of
hanging
in
there,
and
I
think
that
was
one
of
the
expectations
of
when
the
legislature
when
the
commerce
tax
was
brought
forward
by
governor
sandoval
and
the
commerce
tax
that
actually
got
approved
was
a
second
iteration
of
the
initial
proposal
that
was
brought
forward
earlier
in
session.
C
But
then
what
is
this
tax?
It
has
the
demographic
component.
That
is
you
you
can
have
more
businesses,
starting
in
becoming
part
of
the
tax
base.
You
can
also
have
visitors
and
consumers
buying
the
goods
and
services
of
these
businesses
and
generating
revenue,
and
it
also
has
the
inflationary,
which
I
think
we're
all
sort
of
aware
of.
What's
going
on
right
now,
the
inflationary
component
is
probably
dominating
the
demographic
component
of
numer
any
of
our
taxes
that
have
attacks
based
on
revenue
or
value
of
what's
currently
going
on
with
inflation.
C
So
thus,
I
I
think,
as
turned
hill
out
of
the
first
second,
then
this
is
important
to
sort
of
be
thinking
about
revenues
in
this
inflation-adjusted
basis.
So,
yes,
revenues
are
increasing
faster
than
what
we
thought,
but
what
does
it
sort
of
do
to
inflation
or
the
economy?
Expanding.
C
Just
like
us,
citizens
government
has
to
buy
goods
and
services
to
be
able
to
provide
goods
and
services
as
a
public
good
with
deflation
hitting
that
them
just
like
private
citizens.
So
when
the
commerce
tax
was
passed,
it
was
the
the
discussion
and
attempt
by
the
governor,
bringing
forward
and
legislature
to
pass
this
sort
of
broad-based
business
tax.
Where
and
then
also
right,
we've
already
discussed,
we
had
the
sales
tax,
but
we
had
several
business
specific
taxes,
insurance
premium
tax,
the
mining
tax,
the
gaming
tax.
C
So
this
was
a
text
attempt,
okay,
you
could
bring
in
a
broader
base
of
businesses
and
also
bring
in
some
of
the
service
sector
into
a
nevada
tax
structure,
and
thus,
because
of
that,
the
expectation
was
is
that
adding
this
tax
to
the
state's
general
fund
structure
should
have.
C
Better
inflation-adjusted
per
capita
behavior
than
perhaps
some
of
the
other
taxes
that
the
state
uses
to
generate
general
fund
revenue
to
fund
government
goods
and
services,
and
so
far
the
data
is
somewhat
supporting
that
that
in
it,
because
when,
if
an
inflation
adjusts
per
capita
terms,
you
can
sort
of
have
somewhat
flat
line,
or
maybe
even
increasing
slightly.
Then
that
says
it's
holding
in
there
and
inflation
just
for
capital
terms
right
when
it's
declining
over
time.
C
C
And
so
I
I
realize
these
are
sort
of
funky
charts,
but
I
think
to
put
them
in
there
and
then
obviously
we'll
continue
to
get
more
data
and
continue
to
update
them.
But
it
does
allow
you
to
put
them
together
and,
what's
going
through.
Our
mind
is
to
take
just
this
inflation
just
for
capital
line
and
possibly
doing
a
set
of
charts
where
we
put
sales
tax
cigarettes
liquor,
some
of
the
ones
we've
been
considering
commerce,
tax
sales
tax
and
we
try
and
put
them
all
in
one
chart.
C
So
then,
you
can
compare
across
the
taxes,
how
they
look
at
inflation,
just
for
capital
currency
versus
having
to
try
and
look
at
it
across
separate
charts,
just
having
figured
out
how
to
put
that
together
in
a
way
that's
user
friendly,
but
when
we
get
there
we'll
be
working
with
chair
neal
as
if
she
would
like
that
to
be
added
to
part
of
the
information
set
for
her
interim
committee,
but
with
that
manager.
C
That
was
the
information
that
I
intended
to
go
through
for
these
charts
again
since
they've
been
in
there
to
just
be
able
to
make
a
few
more
comments
about
him
and
allow
the
members
to
the
committee
and
anybody
that's
listening,
what
the
charts
are,
how
to
read
them
and
somewhat
how
to
think
about
what
the
information
is:
that's
in
in
them
and
process
it
with
that
I'll
answer.
Any
questions
that
the
members
may
have
on
these
tables
or
charts
or
any
other
questions
that
they
may
have.
A
Thank
you
so
much,
mr
gindin.
I
just
wanted
to
make
sure
that
we
caught
up
on
all
of
the
charts,
because
you
guys
put
a
lot
of
work
in
it
into
the
charts
and
it's
good
information
members.
Any
questions,
senator
tatro
and
then
assemblywoman
consonant.
D
Thanks
so
much
chair,
I
just
had
a
question
so
on
the
the
commerce
tags
you
show
kind
of
how
is
stabilization
of
the
general
fund,
but
isn't
that
all
that
those
dollars
earmarked
for
k
through
12
and
are
they
still
being
allocated
to
k-12?
So
wouldn't
that
be
a
discrepancy
in
sort
of
the
stabilizing
reference
to
the
general
fund.
C
Madam
chair
russell
again
for
the
record
senator
treacher,
the
commerce
tax
is
the
general
fund
revenue
sources.
It's
not
dedicated
to
k-12
education,
so
it
is
placed
in
the
state's
general
fund.
It's
not
placed
in
the
state
education
fund
or
when
it
was
originally
passed.
It
was
not
required
to
be
placed
in
the
distributed
school
account
under
the
old
k-12
funding.
It's
always
since
its
inception.
It
was
approved
as
a
state
general
fund
revenue
source.
C
Thus
it's
available
for
the
legislature
to
fund
general
fund
appropriations,
and
so
some
of
the
obviously
large
portion
of
the
general
fund
appropriations
that
this
makes
up.
The
legislatively
approved
general
fund
budget
is
for
k-12
education.
But
it's
just
that
subtle
distinction
between.
Yes,
the
the
the
talking
points
or
the
story
may
have
been
that
the
commerce
tax
was
approved
to
provide
additional
funding
for
k-12
education
in
2015
session.
But
statutorily
the
funds
are
required
to
be
deposited
in
the
state
general
fund.
D
B
If
a
business
is
subject
to
the
commerce
tax
after
any
exemptions,
however,
those
are
done,
and
if
there
is
more
than
four
million
dollars
in
revenue
to
determine
the
commerce
tax,
you
have
the
statutory
tax
rate
and
then
you
look
up
nrs
363c
for
the
business
entity
type
that
will
give
you
the
tax
rate.
You
multiply
that
to
get
the
commerce
tax
rate.
C
Yeah,
basically
as
texas,
sorry,
I
apologize
for
the
record
muscle,
gaming
and
and
deputy
director
flatly
I'll
go
through
this
and
if
I
mess
anything
up,
then
you
come
back
so
statutorily
the
taxes
that
you
have
to
have
more
than
four
million
dollars
in
gross
revenue
to
file
a
return.
C
So
then
that's
the
business
makes
that
determination
and
then,
if
they
do,
they
file
a
return,
then
what
they
do
is
so
let's
say
you
have
10
million
dollars,
so
you
have
10
million
dollars
in
gross
revenue.
The
law
requires
you
to
file
a
return
with
the
department
taxation.
Then,
from
that
10
million
automatically,
you
get
a
4
million
deduction,
so
you're
now
sitting
with
six
million
dollars
in
taxable
revenue
that
and
then
you
would
go
well
am
I
do
I
get
any
other
deductions
that
are
statutorily
authorized
in
law.
C
So
if
there
are
none,
then
you
have
six
million
dollars
in
taxable
revenue.
If
you're
a
business
category
that
there
or
a
business
entity
that
has
any
other
statutorily
allowed
deductions
under
the
provisions
in
chapter
363
as
administered
by
the
department
of
taxation,
then
you
deduct
those,
then.
So
that's
your
gross
revenue
and
then,
as
the
department
taxation
went
through,
it's
the
next.
It's
the
business
category,
the
next
care
in
which
you're
predominantly
or
it's
the
majority
of
your
revenue
is
coming
from.
That
will
determine
your
business
category.
C
C
So
then
you
would
multiply
the
point
one
one
percent
times
your
six
million
dollars
in
taxable
revenue,
and
that
would
be
your
commerce
tax.
That's
due
so
hopefully
that
answered
your
question
and
then,
if
I
messed
anything
up,
deputy
director
flatley
can
make
sure
it
gets
correct.
A
Okay
thing:
none!
Thank
you
very
much
for
presenting
all
those
tables
fiscal
staff.
I
think
we've
caught
up
on
everything
that
was
outstanding
and
so
we're
in
a
good
position.
I
hope
I
know
it's
a
lot
of
information,
but
you
know
you
guys
are
going
to
be
in
the
legislature
much
longer
than
me,
so
make
a
binder
label
it
and
keep
it.
A
Well,
I
can
tell
you
do
with
it:
don't
don't
put
it
on
the
shelf,
but
it'll
come
in
handy
for
you
trust
me
when
we
get
into
bills-
and
you
start
asking
questions,
show
me
the
money.
It's
gonna
come
in
handy
because
there's
a
lot
of
show
me
the
money
where'd
it
go.
A
We
raised
this
money
where
to
go
so
now
we
will
move
to
we'll
do
the
same
thing
for
the
future
meetings,
I'm
thinking
about
having
the
next
future
meeting
in
in
public
in
at
the
grant
sawyer
but
we'll,
let
you
know,
and
then
after
this
we
will
move
on
to
public
comment,
which
is
agenda.
Item
number,
nine.