Commerce tax due Aug. 15 for businesses

With the collapse of an attempt to overturn the commerce tax, the first payments will be due from businesses for current fiscal year on Aug. 15. The commerce tax is a gross revenue tax on each business in the state whose gross revenue in a fiscal year exceeds $4 million.The reporting period is July 1 through June 30, and the return is due 45 days after the end of the taxable year. Alexandra Smith, the public information officer from the Nevada Department of Taxation, told the Carson Valley Cham