Out of Business - PDF document

1 Out of Business PRINT STATE OF NEVADA
Out of Business PRINT STATE OF NEVADA DEPARTMENT OF TAXATIONWeb Site: https://tax.nv.gov1550 College Parkway, Suite 115Carson City, Nevada 897067937Phone: (775) 6842000 Fax: (775) 6842020RENO OFFICE4600 Kietzke LaneBuilding L, Suite 235Reno, Nevada 89502Phone: (775) 687Fax: (775) ��TP Close Out .1Revised4/30/2019 lose allbusinessocationsith Sales 1) Corporate/Entity/Primary Name: Nevada Name or DBA Mailing addressfor correspondence/refunds Close date: 6) for closure: If business was sold: Buyer/Successor Name:Phone: 7) utstandingdelinquencies,addressedYes No 8) here aredit(s)osted ecurity re No 9) Yes Authorization to close Nevada tax account: hereby certify that I am an authorized person to take action on this account; the above information has been examined by me and is true, correct, and complete to the best of my knowledge. SignatureDate Print NameTitle Phone Email Email1550 Collegeuiteity,FOR DEPARTMENT USE ONLY ��TP Close Out p.2Revised4/30/2019 INSTRUCTIONS: Nevada Taxpayer ID (TID): For the account to be closed, enter the 10 digit TID numberissued by the Nevada Department ofTaxationCorporate/Entity/Primary Name: Enter the primary ownership name forthe business(i.e. name of tsole proprietor,partners, corporation, etc.)Nevada Name or DBA:Enter the name of your business in Nevada (i.e. “Doing usiness As” or fictitious business name).Ifmultiple names, state “All”.Mailing address for correspondence/refunds Provide the mailing address forall future correspondence/refunds. Close Date: Enter the date the business ceased operations, was sold, or changed ownership. Note: All returns must be fil through the close date whether or not sales or purchases occurred during the reporting period. Reason for closure: Select the applicable reason from the drop down menu: Out of Business – Select if you are no longer doing business. Note: Use Tax must be reported and paid on the purchase price of any remaining inventory purchased for resale on your final return. Sales of business assets (i.e.Equipment, furniture and fixtures) are subject to sales tax unless they are deemed to be an occasional sale pursuantto NRS 372.035. DSelectou are stilln business,ing businesslosed ifa businesshave a location in Nevada butontinuesNevada.Ifou are

2 stillbusiness Nevada and are onlylosing
stillbusiness Nevada and are onlylosing yourevada location,ontacthe Departmentfora TaxpayerUpdate Form toe youress. Changed Ownership – Use this option if you changed organizational types (i.e. from a Corporation to an LLC) or you differentdentification numberFID).ou willlease completa Nevada Businessegistration forhttps://tax.nv.gov/Forms/online attps://www.nevadatax.nv.gov/# he businessold.he businessold in itsiretya single buyer,salesdue on remaining inventoryinessou are selling all ishanging,for a Taxpayer Update Form officersexisting TID. If Business was sold, buyer/successor name: Enter the contact name and phone number of the person or entityto you sold the busi 7) questions 8) yontacturetyompany. If yes, should the cash security and/or credit(s) be refunded? Your cash security and/or credit(s) will be applied to an outstanding liabilityrrefund.Ifulde the cash securityand/orredit(s) refunded,choose “yes”.illbe made payable tohe corporate/entitye we have on file.entitya sole proprietoritillbe made payable toThe refund willhe mailiovided If you would like your cash bond/credit(s) applied to an outstanding liability or transferred to another account, pleasemark "no" and contact the Department of Taxation. Is the business bank account open?It is recommended that the business bank account remain open until all outstandingamounts have been resolved. If you have closed your bank account, please contact the Department for the applicablepaperwork to change the payee name on the check.Authorization to close Nevada tax accountSignature must be that of a responsible party.Enter date of signature, printname, title with the business, and contact information for possible contact by the Department for questions or clarification. Additional Informationabout your Modified Business Tax account: If you have Modified Business Tax (MBT), you will first need to contact the Employment Security Division (ESD) at 6846300 to change the status of your State Unemployment Insurance (UI) account. Your MBT account status will change effective the same date the UI account status changed. All MBT returns must be filed for each UI return required to be filedwhether ornot the business had wages to report during the reporting period. ANY QUESTIONS? CALL THE NEVADA DEPARTMENT OF TAXATION CALL CENTER