“My office will be enforcing the home-based business exemption in accordance with the original intent of the Legislature, which will level the playing field for the many businesses that have been compliant and paying the appropriate fees,” Miller said in a press release.
Title 7 entities claiming a home-based business exemption on their annual list filing after March 8 will be returned to the customer for correction and to apply for the state business license.
The regulation clarifies that the home-based business exemption applies only to natural persons, i.e. sole proprietors or general partnerships who meet the requirements of the exemption.
The regulation further clarifies the governmental entity exemption, insurance provider exemption and motion picture exemption. A copy of the approved regulation can be found under the “Announcements” section of the Secretary of State’s website, www.nvsos.gov.