Nevada
What's New
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blog
June 14, 2017State Rundown 6/14: Some States Wrapping Up Tax Debates, Others Looking Ahead to Next Round
This week lawmakers in California and Nevada resolved significant tax debates, while budget and tax wrangling continued in West Virginia, and structural revenue shortfalls were revealed in Iowa and Pennsylvania.…
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blog
June 7, 2017State Rundown 6/7: Kansas Success Story and Other State News
This week, we celebrate a victory in Kansas where lawmakers rolled back Brownback's tax cuts for the richest taxpayers. Governors in West Virginia and Alaska promote compromise tax plans. Texas…
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blog
May 17, 2017Investors and Corporations Would Profit from a Federal Private School Voucher Tax Credit
A new report by the Institute on Taxation and Economic Policy (ITEP) and AASA, the School Superintendents Association, details how tax subsidies that funnel money toward private schools are being…
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report
May 17, 2017Public Loss Private Gain: How School Voucher Tax Shelters Undermine Public Education
One of the most important functions of government is to maintain a high-quality public education system. In many states, however, this objective is being undermined by tax policies that redirect… -
ITEP Work in Action
January 14, 2013Progressive Leadership Alliance of Nevada: Bridging the Gap: Building a Sound Tax System for the Silver State
With such a deficient, upside-down structure, it is no accident that Nevada, a state blessed with great natural and financial resources, has in fifteen years slipped from 7th to 14th…
By the Numbers
Personal Income Tax Features (2015) | |
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Range of Tax Rates | N/A |
Standard Deduction |
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Personal Exemption | N/A |
Dependent Exemption | N/A |
Earned Income Tax Credit (EITC) | None |
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Corporate Income Tax Features (2015) | |
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Range of Tax Rates | N/A |
Income Level at Which Top Rate Applies | N/A |
Combined Reporting | N/A |
Apportionment Factor (Payroll) | N/A |
Apportionment Factor (Property) | N/A |
Apportionment Factor (Sales) | N/A |
Sales Tax Features (2015) | |
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State Sales Tax Rate | 6.85% |
Average Local Sales Tax Rate | 1.10% |
Average Combined State & Local Sales Tax Rate | 7.95% |
State Sales Tax Treatment of Groceries | Exempt |
Local Sales Tax Treatment of Groceries | Exempt |
Number of Services Taxed | 77 out of 168 surveyed (2007) |
Streamlined Sales Tax Membership | Full |
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Property Tax Features (2015) | |
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Other Tax & Revenue Features (2015) | |
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Gasoline Tax Rate (per gallon) | $0.332 |
Diesel Tax Rate (per gallon) | $0.286 |
Cigarette Tax Rate (per pack) | $0.80 |
Estate or Inheritance Tax | No |
Net Lottery Sales Per Capita | N/A |
Tax Policy Oversight | |
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Tax Expenditure Report | None |
Tax Incidence Analysis Capability | None |
Last updated January 13, 2015
RESOURCES
State Tax & Revenue Information
- Nevada Department of Taxation - Publications
- Nevada Department of Administration - Division of Budget & Planning
- Nevada Legislature - Legislative Counsel Bureau - Fiscal Analysis Division
- Nevada Legislature - Economic Forum Revenue Forecasts
Tax Expenditure Reports
State Statutes & Legislation
- Nevada Revised Statutes & the Constitution of the State of Nevada
- Nevada Legislature - Session Information