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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 Admissions Tax
- No Unitary Tax
- No Estate Tax*
- Competitive Sales and Property Tax Rates
- Minimal Employer Payroll Tax -- 0.7% 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.)
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