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Nevada Corporation Tax Reminder

Many California businesses are incorporated in Nevada. Some California businesses believe incorporation in Nevada means they are not subject to California tax which is false.

Most businesses know that Nevada has no income tax.

Nevada has a gross receipts tax known as the Commerce Tax which is basically a tax on sales to customers in Nevada. The return is for the period July 1 to June 30 (and calendar years cannot be used) and is due August 15.

The tax rate depends on your industry.

For assistance with multi state tax reporting please contact me today.

Richard Pon CPA, CFP