Nevada Standard Tax Abatement
Nevada's Standard Tax Abatement reduces sales and use, modified business, and personal property taxes for qualifying expanding businesses.
About this program
The Nevada Standard Tax Abatement is a discretionary incentive for qualifying businesses that locate or expand in Nevada and meet statutory capital investment, job creation, wage, and health benefit requirements. Approved companies may receive partial abatements of sales and use taxes on eligible capital equipment, modified business tax, and personal property tax. Applications are reviewed by the Nevada Governor's Office of Economic Development and require approval by the GOED Board.
Eligibility
Businesses locating or expanding in Nevada that meet program thresholds for job creation, capital investment, wages, and health benefits.
Requirements
- Business must locate or expand in Nevada.
- Applicant must meet applicable job creation and capital investment thresholds.
- Jobs must meet required wage and health benefit standards.