Governmental Services Tax Calculation
Taxes are based on the original Manufacturers Suggested Retail Price (MSRP) set when the vehicle was new.
(NRS Chapter 371)
The MSRP will not change over time regardless of vehicle age or condition. The first calculation is the DMV Valuation of the vehicle, which is 35% of MSRP.
The DMV Valuation is then depreciated 5% after the first year and 10% per year thereafter until it reaches a minimum of 15%. The minimum Governmental Services Tax is $16.00.
The Governmental Services Tax is 4 cents on each $1 of the depreciated DMV Valuation.
EX: MSRP 420,000
Gov Service Tax.... $4410
Registration Fee ... $ 33
**Supplemental Gov. Service Tax ---depending on County