The outstanding tax climate in Nevada is one of the best reasons to do business in the state. This tax structure also clearly distinguishes Nevada as offering a business environment very few states can match.
In Nevada there is:
No Corporate Income Tax
No Personal Income Tax
No Franchise Tax on Income
No Inheritance or Gift Tax
No Unitary Tax
No Estate Tax*
Competitive Sales and Property Tax Rates
Minimal Employer Payroll Tax - 0.63% of gross wages with deductions for employer paid health insurance
(* A small assessed "pick-up tax" that cannot exceed the maximum allowable credit against the federal estate return.)