Nevada to institute corporate tax?
Join Date: Mar 2008
Posts: 69
I've read that Nevada lawmakers are considering a corporate tax in the near future. Any business people from Nevada know more on how likely this might be? Or any details of what tax rates might be being proposed?
Join Date: Dec 2005
Posts: 1,404
The will be a mass exodus of corporate entities if it happens, and thus, will not garner the desired increased revenue. Also, looking forward, with no advantageous tax status, there will be one less reason to locate a corporate entity there. They still have nice privacy laws, however.
Join Date: Apr 2005
Posts: 10,757
main reason i moved to nevada. if enacted i will just move no big deal for me
