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NEVADA DEPT OF TAXATION TID No:

BANK EXCISE TAX RETURN
FOR DEPARTMENT USE ONLY
Mail to: Nevada Department of Taxation Postmark Date:
3850 Arrowhead Dr., 2nd. Floor Amount: Check #:
Carson City, NV 89706

Period End Date: Choose Date

Due on or before:

If postmarked after due date ,
penalty and interest will apply

*NOTE: PLEASE READ INSTRUCTIONS ON REVERSE SIDE BEFORE COMPLETING RETURN.
A RETURN MUST BE FILED EVEN IF NO TAX IS DUE*

1. TOTAL NUMBER OF QUALIFYING BRANCHES IN NEVADA (See Information on Reverse) 1.

2. TAX DUE (MULTIPLY LINE 1 BY $1750) 2.

3. LESS CREDITS APPROVED BY THE DEPARTMENT 3.

4. TOTAL BANK EXCISE TAX DUE (LINE 2 MINUS LINE 3) 4.

5. PENALTY (For periods prior to April 1, 2007 the penalty is 10%) 5.

6. INTEREST (Note: To calculate interest for each month late, multiply Line 4 × 0.75% (or .0075)
6.

7. PLUS LIABILITIES ESTABLISHED BY THE DEPARTMENT
7.

8. TOTAL AMOUNT DUE AND PAYABLE (ADD LINES 4 THROUGH 7)
8.

9. TOTAL AMOUNT REMITTED WITH RETURN
9.

THE BANK EXCISE TAX LIST OF ALL BRANCHES IN NEVADA (FORM BET-02) MUST BE FILED
WITH RETURN

I hereby certify that this return including any accompanying schedules and statements has been examined by me and to the
best of my knowledge and belief is a true, correct and complete return.
Signature Name Of Preparer

Title Federal Identification Number Phone Number Date

To email, save this form to your computer and email the attachment to nevadaolt@tax.state.nv.us with the subject
of 'Bank Excise Tax Return'
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BANK EXCISE TAX
GENERAL INFORMATION
Nevada Revised Statute (NRS) 363A.120 imposed an excise tax on each bank at the rate of $1,750 for each branch office in excess of
one maintained by the bank in each county in this state on the first day of each calendar quarter.
Example of Qualifying branches: A bank has 5 branches in Clark County, 5 branches in Washoe County and 1 branch in Nye
County. The total number of branches is 11. The first branch in Clark & Washoe Counties is not subject to the bank excise tax nor is
the branch in Nye County since there is only one branch. Therefore, the total qualifying branches equals 8. The tax due for the
quarter is $14,000 ($1,750 x 8).
A bank branch includes the main branch and is defined as “… any location or facility of a bank where deposit accounts are opened,
deposits are accepted, checks are paid and loans are granted, including, but not limited to, a brick and mortar location, a detached or
attached drive-in facility, a seasonal office, an office on a military base or government installation, a station or unit for paying and
receiving, and a location where a customer can open accounts, make deposits and borrow money by telephone or through the use of the
Internet....” The term does not include “… any automated teller machines, consumer credit offices, contractual offices, customer bank
communication terminals, electronic fund transfer units and loan production offices.”
If a bank ceases the operation or other maintenance of any of its branch offices during the calendar quarter, the excise tax is still due if
the branch was open for business to the public on the first day of the calendar quarter.
The operation or other maintenance of a branch shall be deemed to commence on the date the branch office first opens for business to
the public. If the first day of a calendar quarter does not occur on a regular banking day for a bank, the bank shall be deemed to operate
or otherwise maintain a branch office on that date if the bank:
1. Held the branch office open for business to the public at any time during the immediately preceding 5 regular banking days for
the bank; and
2. Holds the branch office open for business to the public at any time during the immediately succeeding 5 regular banking days
for the bank.
If the operation or other maintenance of a branch office commences after the first day of the calendar quarter, no excise tax is due.

The bank excise tax is due on or before the last day of the first month of the quarter.

II. INSTRUCTIONS FOR BANK EXCISE TAX RETURN
Complete all line items on the return. Returns must be filed even if no tax is due.
1 Enter the total number of qualifying branches maintained on the first day of the calendar quarter. (See above example on how
to calculate the number of qualifying branches.)
2 Multiply Line 1 by $1750. This is the total calculated tax due.
3 Enter amount due to you for overpayments made in prior periods for which you have received a credit notice. Do not take the
credit if you have asked for a refund. NOTE: Only credits established by the Department may be used.
4 Subtract Line 3 from Line 2; this is the total net bank excise tax due.
5 If this return will not be submitted/postmarked and the taxes paid on or before the due date as shown on the face of this return, the amount of penalty
due is based on the number of days late the payment is made per NAC 360.395. The maximum penalty amount is 10%.
Number of days late Penalty Percentage Multiply by:
1 - 10 2% 0.02
11 - 15 4% 0.04
16 - 20 6% 0.06
21- 30 8% 0.08
31 + 10% 0.10
Determine the number of days late the payment is, and multiply the net tax owed by the appropriate rate based on the table above. The result is the
amount of penalty that should be entered. For example, the taxes were due January 31, but not paid until February 15. The number of days late is 15
so the penalty is 4%.
6. Note: 7/1/2011 interest rate change: To calculate interest for each month late after 7/1/2011, multiply Line 4 × 0.75%
(or .0075). To calculate interest for each month late from 7/1/1999 through 6/30/2011, multiply Line 4 × 1% (or .01).
7. Add lines 4 through 7, this is the total amount due and payable.
8. Enter the total amount remitted with this return.

THE BANK EXCISE TAX LIST OF ALL BRANCHES IN NEVADA MUST BE SUBMITTED WITH THIS RETURN
Send to: Nevada Department of Taxation at: 3850 Arrowhead Dr., 2nd Floor,arsonC City, NV 89706 .If you have any questions
concerning this return, please contact the Carson City office at 775-684-2000.

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NEVADA DEPT OF TAXATION 
BANK EXCISE TAX LIST ALL OF BRANCHES IN NEVADA 
   Please print clearly – use black or blue ink only. 
   Attach additional sheets if needed.   

Name of Bank:                                                                          Account No:   

1 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

2 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

3 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

4 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

5 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

6 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

7 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

8 Branch Number Address                                                                      Date branch opened 

  Branch Name   City                                              State             Zip Code Date Branch closed 

To email, save this form to your computer and email the attachment to nevadaolt@tax.state.nv.us with the subject of 
'Bank Excise Tax Return'.  Your email, including attachments, cannot exceed 10 MB.  
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