by Sean Whaley
Nevada News Bureau

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August 1, 2012
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Report: Nevada's tax structure offers fewer incentives

A new report from The Council of State Governments exploring the successes that 13 Western states have had with tax incentives to encourage economic growth found that Nevada has fewer such programs in large part because of its tax structure.

Nevada does not have a personal income tax, unitary tax, corporate income tax, inventory tax, estate and/or gift tax, franchise tax, inheritance tax or special intangible tax, notes the report "Trends in Western State Business Incentives" released today by the council.

The report found that Nevada does offer some incentives, including sales tax abatements on capital equipment purchases, a sales …

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The Record Courier Updated Aug 1, 2012 04:22PM Published Aug 1, 2012 02:20PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.