NEWS ITEMS
AROUND THE WEB
NEWS ITEMS
AROUND THE WEB
May U.S. Factory Orders Rise Significantly
Topics
Exclusive Content
Industry Reports
Related Sites
Newsletters
Enter your email address:
Nevada
Resources Page
Clean Energy, Green EconomyRenewable energy stands poised to create opportunities across the country. More |
||
Nevada's Business-Friendly Tax Structures Attract Domestic and International InvestmentSolar energy, agricultural products, and software development lead the state’s industry growth. More |
||
A Discussion With Nevada Governor Jim GibbonsIf you ask Nevada Governor Jim Gibbons what’s on his mind these days, you’ll hear the word “education” somewhere in his response. Gibbons has made education his top priority, followed by tax reduction, renewable energy, and homestead exemption. It’s a combination that spurs long-term economic development opportunities for his state. More |
||
State Contacts
|
|
Nevada
At A Glance
POPULATION:
2,623,050
Corporate Income Tax: None
LABOR FORCE: 1,356,700 (July 2007)
RIGHT TO WORK: YesTRADITIONAL INDUSTRIES: Mining, tourism, agriculture
EXPANDING INDUSTRIES: Light manufacturing, research and development, financial servicesCOLLEGE GRADUATES (Age 25 and over) 18.2%
BASIC BUSINESS TAXES:Corporate Income Tax: None
Business License Fee: $100 annually
Gross Payroll Tax: 0.63 percent with deductibility of employer-paid health insurance premiums; financial institutions are taxed at 2 percent and have a $1,750 branch fee.Sales and Use Tax: 6.5 percent on retail sales; localities may impose an additional 0.50 percent for a maximum of 7 percent, with exemptions.
Property Tax: Levied at 35 percent of the property's full cash valueBUSINESS INCENTIVES:
Sales tax deferral and abatement
Property tax abatement
Foreign-trade zones
Job training
Personal property tax abatement
Industrial development revenue bonds
Modified business tax abatement
Private activity bond financing
Captive Insurance Program
Millennium Scholarship Program
Publicly registered securities
Offerings
SPONSOR PROFILES:
