Page 17 - Haya Kessler Relo NV
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LAS VEGAS...
Relocation Guide
MISCELLANEOUS INFORMATION
LAS VEGAS TAXES
Business Tax
There is a fi ve-year phase-in (20 percent each year) for new and
existing businesses that qualify under statute and the regulations
established by the Nevada Commission on Economic Development.
Contact the Commission on Economic Development for requirements.
Automobile Registration Fees
Passenger cars, motorcycles, travel trailers, low speed and electric
vehicles and trucks with a gross weight of 6,000 pounds or less pay
$33 per year. Rates on trucks vary from a low of $33 for a truck with
a gross weight of 6,000 pounds or less to a maximum of $1,360 for
a truck with a gross weight of 80,000 pounds.
Clark County Tax Rates
In Clark County there are currently 92 tax districts. The rates for
these districts are based on the amount of monies budgeted for the
necessary maintenance and improvements of their facilities and
services. The tax monies collected for the districts pay for schools,
police and fi re protection, along with other services that taxpayers
demand and desire from their local government. These tax rates vary
depending on the type of services provided to an area. To fi nd your
tax rate visit www.co.clark.nv.us/ASSESSOR/Assessor.htm business tax. Eligible employees cannot earn more than 150 percent
of the federal poverty level.
Government Services Tax
This tax is in lieu of personal property tax. The valuation of the vehicle Real Property
is determined at 35 percent of the manufacturer’s suggested retail (Land, buildings and improvements not normally removable) The
price, without accessories. Vehicle value is depreciated to 85 percent taxable value for land is full cash value. The value for improvements
after the fi rst year and graduated down to 5 percent after 9 years. is replacement costs less depreciation at 1.5 percent per year up to
Buses, trucks and truck trailers depreciate down to 75 percent after 50 years.
the fi rst year and down 13 percent after 10 years. The rate imposed
by the state is 4 cents on each $1 valuation. Counties may levy up to Sales and Use
one cent on each dollar of valuation, but the total tax imposed cannot Sales tax is charged at the retail level on the sale of tangible personal
exceed 5 cents on each dollar of valuation. property unless exempt by statute. A companion “use” tax is charged
on property purchased outside of Nevada and brought into the state
Child Care for use. The maximum rate is 6.5 percent. Counties are allowed
Businesses that provide on-site child care or vouchers for child care to various options to pay for items such as transportation, roads, fl ood
employees are eligible for an abatement of up to 50 percent on the control and water. In Clark County the rate is 7.75 percent.
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 health insurance
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