State law increases existing business taxes effective July 1

With the passage of Senate Bill 483, Nevada business owners are in for substantial changes regarding how their businesses are taxed. Effective July 1, 2015, the Nevada Revenue Plan increased certain existing business taxes and creates a brand new one. The purpose of this article is to highlight three business-specific tax changes. Business license taxPrior to the enactment of the Nevada Revenue Plan, for-profit entities could expect uniform state business license and annual list fees: $200 annu