Nevada Live Entertainment Tax

The Nevada Live Entertainment Tax (LET) is a consumption tax that applies to admissions charges, food, beverages and merchandise sold at venues where live entertainment is provided. The LET rate is based on a venue’s maximum occupancy. The tax rate is 10 percent for facilities with a capacity of 200 to 7,499, and a 5 percent rate is charged on admissions for facilities that have a capacity of 7500 or more.

Live entertainment is any activity that is for pleasure, enjoyment, recreation, diversion or other similar purposes and includes, but is not limited to, singing, dancing and acting. Spectator sports like horse races and basketball and football games are not subject to the LET.

The LET law was amended in 2015 to include a carve-out for professional sports teams relocating to the state. However, the exemption is unclear and may be part of a larger package of incentives that lawmakers offered to lure the Raiders from Oakland. The current law does not specify how much of the tax revenue should be directed to the sports team’s home county.

Despite the exemptions, the LET has generated nearly one billion dollars in revenue, with most of it going to the state general fund. Some policymakers have proposed reinvesting some of this money back to Clark County, which is struggling with economic problems.

Regardless of how you pay the LET, all orders have a $4 service fee and a percentage-based delivery fee added to their subtotal. These fees are charged by the ticket vendor and cover processing costs. Other service fees may apply depending on the payment method you choose. For example, UPS 2nd Day Air is more expensive than standard shipping.

Nevada Live Entertainment Tax Exemptions

The LET has several exemptions, including sports, educational events and trade shows. It is important to know which events are exempt from the LET in order to avoid paying the tax. In addition, the LET also does not apply to ticket prices for amusement rides or motion simulators.