Base — Nevada Code § 612.545

§ 612.545. Base

1. For the purposes of NRS 612.535 , 612.540 and 612.606 , wages do not include that part of the wages paid for employment to a person by an

employer during any calendar year which exceeds 66 2 / 3 percent of the average annual wage, rounded to the nearest hundred dollars, for the

preceding calendar year unless that part of the wages is subject to a tax under a

federal law imposing a tax against which credit may be taken for contributions paid

under this chapter. The average annual wage for employers who do not elect reimbursement in lieu of

contributions must be computed as follows: On or before July 1, the total wages reported

for the preceding calendar year by those employers who are subject to the provisions

of this chapter must be divided by the average of the 12 mid-month totals of all workers

in employment for employers as reported in that year. 2. For the purpose of this section: (a) Any employer who acquired a part of or the entire organization, trade or business

or substantially all of the assets of an employer must be treated as a single unit

with its predecessor for the calendar year in which the acquisition occurs. (b) The wages paid by an employer to an employee performing services for the employer

in another state upon which contributions are required to be paid by that employer

under the unemployment compensation law of that state must be included as part of

the wages used to calculate the contributions in subsection 1.