Markets Matter in the Data Center Location Decision

Thomas Traugott, Senior Vice President, Cassidy Turley (Q2 / Spring 2013)

An understanding of the data center marketplace and its supply/demand dynamics will help both site selectors and their attractors move beyond the checklist and find the right fit. More

Regional Review: FDI Adds to Vitality of the Mountain States

Dan Calabrese (Location USA / April 2013)

The Mountain States’ economies were driven over the past 12 months by a mixture of modern and emerging sectors, including information technology, and old standbys like dairy. At the same time, foreign investment came from a variety of sources to add to the vitality of the region. More

Location Notebook: Data Centers Betting on Nevada

Dan Calabrese (February 2013)

Nevada was largely built by people who don’t mind taking risks with their money. So it’s ironic that one of the state’s leading economic growth opportunities at the moment is coming from data centers, an industry that sees in Nevada an opportunity to avoid risk. More

How Corporate Taxes Impact the Business Climate

Area Development Online Research Desk (November 2012)

“Taxes are a fact of life,” the Tax Foundation states in a new background paper, but “not all tax systems are created equal.” With that in mind, the organization sets out every year to rank U.S. states in its “State Business Climate Tax Index.” More

Nevada Basic Business Taxes 2012

Area Development Online Research Desk (2012)

Nevada's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include no corporate income tax, sales and use tax abatement, and sales and use tax deferment. More

Nevada Direct Financial Incentives 2012

Area Development Online Research Desk (2012)

Nevada's economic development, finance, and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include the Train Employees Now (TEN) Program, industrial development bonds, and customized industrial training. More

Regional Report: With Energy as a Main Economic Driver, Mountain States Look Towards Industrial Diversification

Cynthia Kincaid (July 2011)

While the Mountain region has greatly benefited economically from its mining, oil, and natural gas production, these states also recognize that they are exposed to energy volatility. Industrial diversification has helped fortify their respective economies. More

Nevada Direct Financial Incentives 2011

Area Development Online Research Desk (March 2011)

NEVADA at a glance

POPULATION: 2,723,322 (2011 estimate)

LABOR FORCE: 1,368,600 (August 2012

RIGHT TO WORK: Yes

TRADITIONAL INDUSTRIES:Mining, tourism and gaming, agriculture

EXPANDING INDUSTRIES: Aerospace defense; business IT ecosystems; clean energy; health and medical services; logistics and operations; mining, materials, and manufacturing; tourism, entertainment, and gaming

COLLEGE GRADUATES: (Age 25 and over) 36.3% (2011 ACS)

BASIC BUSINESS TAXES:
Corporate Income Tax: None

Business License Fee: $200 annually

Gross Payroll Tax: 0-1.17 percent with deductibility of employer-paid health insurance premiums; financial institutions are taxed at 2 percent.

Sales and Use Tax: 6.85 percent on retail sales plus local add-ons

Property Tax: Levied at 35 percent of the property's full cash value

BUSINESS INCENTIVES:
Sales tax deferral and abatement

Intellectual property development

Modified business tax abatement

Personal property tax abatement

Train Employees Now

Industrial Development Revenue Bonds