Doing business in Vegas and in Nevada
Let's give a look at some numbers and facts about doing business here, so you can decide on your own where it's better to run your business! :-)
Verbatim from Nevada Commission on Economic Development:
"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 paid health insurance
(* A small assessed "pick-up tax" that cannot exceed the maximum allowable credit against the federal estate return.)"
AND here we go with some cool graphs from Nevada Development Authority
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