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Senators Approve Closing Live Entertainment Tax Loopholes

CARSON CITY, Nev. (AP) — Senators have approved changes to Nevada's live entertainment tax that they say will capture revenue from an evolving entertainment landscape and close confusing loopholes.

Senators voted to approve SB266 on a unanimous vote on Sunday.

The bill proposes a 9 percent tax on live entertainment and an 8 percent rate for boxing matches. The existing system imposes a 5 percent or 10 percent tax depending on the size of the venue.

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The measure would include escorts but not prostitutes, and also clarifies that outdoor entertainment events such as the Burning Man festival would be taxed.

Lipparelli said the existing law is confusing and full of exemptions. He said SB266 would clear up ambiguities and help broaden the tax base.

The bill now moves to the Assembly.