Nevada Style

Nevada Advantage

Besides the natural beauty of Lake Tahoe and the Sierra Nevada, one of the major advantages to living in Nevada is the tax structure:

California Business Magazine says the best state in the country overall for business is Nevada. A California business research team collected information on all 50 states. They brought together government statistics and private research reports, and compared special interest databases. Twenty different measures of state social, economic and business health were chosen as being of primary importance. Nevada was chosen as the winner largely because of its pro-business attitude.

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The study ranked Nevada high in the following areas:

Overall business climate
Lowest corporate profits tax
Best overall economy
Population growth
Employment growth
Lowest combined major state and local tax rate
Number of new companies per 10,000 workers
Gross state product growth (GSP)
Number of environmental policy initiatives in place

Tax Facts:

No Personal Income Tax
No Franchise Tax
No Corporate Income Tax
No Unitary Tax
No Special Intangible Tax
No Chain Store Tax
No Admissions Tax
No Inventory Tax
No Inheritance, Estate or Gift tax