Tax Laws in Nevada.

Nevada imposes no personal or corporate income tax. The constitution was amended in 2014 to further secure this tax-free status.

6.85% state sales tax. Local option taxes produce combined rates up to 8.375% (Clark County).

Gross-receipts tax on businesses with Nevada gross revenue exceeding $4 million. Rate varies by industry (0.051% to 0.331%). Enacted 2015.

Payroll tax of 1.378% on wages over $50,000 per quarter (general business); 1.853% for mining and financial institutions.

Graduated tax on gross gaming revenue: 3.5% on first $50K monthly, 4.5% on $50K-$134K, and 6.75% on amounts above $134K. Gaming tax is among the state's largest revenue sources.

Real property assessed at 35% of taxable value. Annual increases capped at 3% for owner-occupied residences, 8% for other property. Property tax rate capped at $3.64 per $100 of assessed value.