business category Tag

Effective on July 1, 2015, Nevada S.B. 483 imposes an annual commerce tax on business entities engaged in business in Nevada, whose ‘Nevada gross revenue’ in a taxable year exceeds $4,000,000.[1] For this purpose, the tax year is a static twelve-month period running from July...

Effective July 1, 2015, in addition to increasing and revising existing taxes, Nevada has implemented a new “annual commerce tax” on “business entities” “engaged in business in Nevada.” The tax is placed on businesses’ Nevada-located annual gross receipts in excess of $4 million.Because it is...

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