David Shriver - Northern Nevada Real Estate, Carson City real estate, Reno real estate, Dayton real estate, Gardnerville real estate, and Minden real estate from Coldwell Banker Best Sellers.

Nevada Business Information

Here are some simple tax facts. In Nevada, there are fewer taxes and a lower tax burden than in most other states. That's why Nevada is on every list of the top tax havens. Just this year, Money magazine ranked Nevada as one of the states with the lowest tax bill and California Business magazine rated Nevada as best overall for business based on a review of several factors including a low tax burden. In Nevada, there is:

No personal income tax
No corporate income tax
No inheritance, estate or gift tax
No franchise tax
No unitary tax
No special intangible tax
No chain store tax
No admissions tax
No inventory tax

The best state in the country overall for business is Nevada as quoted in California Business magazine. The magazine published the results of a 50 state survey which showed the pastures really are "greener on the other side of the state line."

A research team from California Business collected information on all 50 states. They brought together government statistics and private research reports and compared special interest data bases. Twenty different measures of state social, economic and business health were chosen as being of primary importance. Nevada was chosen largely because of its pro-business attitude. The study ranks 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
Number of new companies per 10,000 workers
Gross state product (GSP) growth
Number of environmental policy initiative in place

All of this goes to show that a move to Nevada is a move to the greener pastures of a top-ranked business climate.

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