Nevada compliance at a glance
- Sales tax: 6.85% state rate. State 6.85%; combined up to 8.375% in Clark County (Las Vegas).
- Late fees: Up to 1.5% per month. (Nev. Rev. Stat. §99.040) Statutory rate prime + 2%; no general usury cap on commercial.
- Written contracts: Required for jobs over $1,000.
- Prompt-pay law: Nevada Prompt Payment Act (NRS 624.624 et seq.). Subs paid within 10 days of GC receiving payment; prime + 4% interest if late.