The Park

 
Doing Business in Nevada
 
State Incentives Offered

·         Sales & Use Tax Abatement

·         Sales & Use Tax Deferral

·         Personal Property Tax Abatement

·         Property Tax Abatement (for recycling industries)

·         Modified Business Tax Abatement

·         Renewable Energy Abatement (for companies involved in production of energy from renewable sources such as wind, solar and others)

·         New Employee Training Grant

  
 
Corporate-Friendly Tax Climate
·         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
 
  
Foreign Trade Zones
Foreign trade zones in Las Vegas and Reno allow firms to bring foreign goods or raw materials for manufacturing and/or assembling into the United States without formal customs entry or payment of customs duties and government excise taxes until products leave the zone. If the final product is exported from the United States, no U.S. Customs duty or excise tax is levied. If the final product is imported into the United States, fees are only due at the time of transfer on the product or its parts, whichever is lower.
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