1.800.824.8856

Taxes & Incentives

The incentives of doing business in Nevada are expansive. Nevada boasts one of the most liberal tax structures in the nation an from a tax-planning perspective, the return on investment in the form of tax saving dollars can be enormous.

Nevada has No Personal State Income Tax, No Unitary Tax, No Corporate Income Tax, No Inventory Tax, No Estate and/or Gift Tax, No Franchise Tax, No Inheritance Tax, and No Special Intangible Tax.

Incentives

Minimum State Requirements for Rural Areas 31KB
Minimum State Requirements for Expansions 31KB
Minimum State Requirements for Rural Recycling & Renewable Energy 29KB
Minimum State Requirements for Expansion of Recycling & Renewable Energy 23KB

Sales Tax Rate

In Churchill County, the sales tax rate is 7.25.

Property Tax Rate

In Churchill County, the 2007-08 average county wide tax rate is 3.0364.

Calculating Real Property Taxes

The formula for calculating real property tax is as follows:

Taxable Value x .35 = Assessed Value
Assessed Value x Tax Rate = Total Real Property Tax

For more information, please see How Property Taxes are Calculated 83KB.

Calculating Personal Property Taxes

Using the Cost Conversion Factor tables in the Personal Property Manual 193KB, use the following formula to calculate the assessed value. The assessed value is the value on which taxes are calculated.

Actual Cost x Cost Index (for appropriate year) = Cost of Replacement
Cost of Replacement x Percent Good = Taxable Value
Taxable Value x .35 = Assessed Value
Assessed Value x Tax Rate = Total Personal Property Tax

Business Resources

Nevada's Industrial Development and/or Mini-Bond Programs through Management Assistance Partnership (MAP)
If you are a Nevada manufacturer and in need of low-cost (2 to 3% below typical commercial rates) financing for real estate, buildings or new equipment, MAP may be able to help you qualify for Nevada's Industrial Development and/or Mini-Bond Programs.
Bond Programs 49KB

www.itssimple.biz
An easily understandable site including all the information an entrepreneur would need to start a business.

Nevada Business Support Network
Connect to all of Nevada's free business assistance resources.

Churchill County Employment by Industry

Industry	2003	2004	2005	2006	4th Quarter 2007
Total All Industries	7,948	8,166	8,599	8,589	8,678
Total Private Coverage	6,109	6,305	6,718	6,731	6,842
Natural Resources & Mining	233	248	265	287	285
Construction	570	707	789	691	647
Manufacturing	475	477	507	487	447
Trade, Transportation & Utilities	1,600	1,610	1,713	1,884	1,914
Information	146	132	128	122	112
Financial Activities	267	288	302	335	322
Professional & Business Services	1,082	1,062	1,016	879	905
Education & Health Services	633	671	790	813	919
Leisure & Hospitality	955	953	1,052	1,077	1,106
Other Services	147	155	148	153	183
Government	1,839	1,862	1,881	1,858	1,836

Source: Nevada Department of Employment, Training and Rehabilitation

Churchill County High Wage Industries

Industry	Annual Mean Wage	Annual Entry Wage	Annual Experience Level Wage
Public Administration	$49,617	$28,515	$60,168
Professional & Business Services	$40,777	$20,468	$50,932
Education & Health Services	$38,575	$20,979	$47,373
Construction	$38,301	$24,115	$45,394

Source: Nevada Department of Employment, Training and Rehabilitation (DETR)

Churchill County's Largest Employers

Employer	City	Industry	Code	Number of Employees
Churchill County School District	Fallon	Elementary & Secondary Schools	611110	700 - 799
Wal-Mart Supercenter	Fallon	Warehouse Clubs & Supercenters	452910	300 - 399
Churchill Community Hospital	Fallon	General Medical & Surgical Hospitals	622110	300 - 399
Churchill County	Fallon	Executive & Legislative Offices Combined	921140	200 - 299
Boeing Aerospace Operations	Fallon	Facilities Support Services	561210	200 - 299
Department of Defense	Fallon	National Security	928110	100 - 199
SMI Joist - Nevada	Fallon	Fabricated Structural Metal Manufacturing	332312	100 - 199
Chugach Support Services	Fallon	Facilities Support Services	561210	100 - 199
A & K Earthmovers	Fallon	Nonresidential Site Preparation Contractors	238912	100 - 199
City of Fallon	Fallon	Executive & Legislative Offices Combined	921140	100 - 199
Kennametal, Inc. (Nevada Division)	Fallon	Secondary Processing, Other Nonferrous	331492	100 - 199
Stockman's Casino	Fallon	Casinos (except Casino Hotels)	713210	100 - 199
Sikorsky Support Services, Inc.	Fallon	Other Support Activities, Air Transport	488190	100 - 199
Northrop Grumman Technical SE	Fallon	Other Support Activities, Air Transport	488190	100 - 199
Del-Jen, Inc	Fallon	Facilities Support Services	561210	100 - 199

Source: Nevada Department of Employment, Training and Rehabilitation (DETR), 2nd Quarter 2007

Impact Fees

Churchill County has no set fees, each commercial project is looked at on a case by case basis. For more information, please contact Churchill County Planning at 775.423.7627

Business Start Up Information*

Business License and Taxation Requirements

A business license is needed for each person, corporation, partnership, proprietorship, business association and any other similar organization that conducts an activity for profit, including an independent contractor or sole proprietor. A trade show or convention held in this state in which a business previously described takes part, or in which a person who conducts such a business attends, for a purpose related to the conduct of the business also needs a business license. Detailed information on the business license application process and taxation rates may be obtained at the Department of Taxation web page. You may obtain an application form from the Nevada Department of Taxation office nearest you, or you may click on Nevada Department of Taxation below to locate and download forms.

Nevada Department of Taxation
1550 E. College Pkwy.
Carson City, NV 89706
Phone: 775.684.2000
Fax: 775.687.5981

Local Business License Offices

A local business license is required to operate a business in nearly all cities, most counties, and many other locations. This is in addition to the State Business License. Please contact the appropriate business license office to determine the specific licensing requirements. The Nevada Business Registration Form available from the Department of Taxation may be used to apply for a local business license as well.

Churchill County
155 N. Taylor Street
Fallon, NV 89406
Phone: 775.423.5136
Fax: 775.423.0717
E-mail: countymanager@churchillcounty.org

Employer Identification Number

Every partnership or corporation must have an Employer Identification Number (EIN) to use as its taxpayer number. Sole proprietors must also have an EIN if they pay wages to one or more employees or if they are required to file any excise tax returns.

Internal Revenue Service Employer Identification Number
675 W. Moana Lane
Reno, NV 89509
Phone: 800.829.1040

Business Personal Property Declaration Form

Nevada tax laws require all persons, firms, or businesses owning, renting, leasing, or controlling business personal property to file a Business Personal Property Declaration Form. Please contact your city or county government office for more information.

Workman's Compensation Insurance

Every business that employs anyone must by law, obtain workers compensation insurance coverage unless that entity is certified by the Commissioner of Insurance as a self-insured employer.

State of Nevada Department of Business and Industry Division of Insurance
788 Fairview Drive #300
Carson City, NV 89702
Phone: 775.687.4270
Fax: 775.687.3937

Nevada Unemployment Compensation Program

Any business that employs one or more workers is an "employing unit" and must register with the Nevada Unemployment Compensation Program. Registration is made by submitting a Nevada Business Registration Form to the employment security division as soon as workers are hired.

Employment Security Division
1325 Corporate Blvd.
Reno, NV 89502
Phone: 775.688.2663
Fax: 775.688.2667

I-9 Forms for New Employees

Every employer is required, within 72 hours of hiring a new employee, to maintain a completed, signed, witnessed, and dated I-9 Form for each employee.

Immigration & Naturalization Service
1351 Corporate Blvd.
Reno, NV 89502
Phone: 800.375.5283

W-4 Forms

Every employee hired is to complete a W-4 Form so that the employer can withhold the proper amount of income tax from each paycheck. Any change in the employee's tax status requires a new form.

Internal Revenue Service
300 Booth Street
Reno, NV 89502
Phone: 800.829.1040

Nevada Labor Statutes

All employers must comply with Nevada's Labor Statutes and must post a sign explaining these laws at the place of business.

State Labor Commission
1445 Hot Springs Road, Ste. 109
Carson City, NV 89710
Phone: 775.687.4850
Fax: 775.687.6409

Incorporating

Businesses interested in incorporating, along with non-Nevada businesses seeking permission to do business in Nevada, should register with the Secretary of State's Office. The Secretary of State's office handles commercial recordings (incorporation), securities, notaries, and election information.

Secretary of State
Capital Building
101 N. Carson St., Suite 3
Carson City, NV 89701
Phone: 775.687.5203
Fax: 775.687.3471
Document on demand directory: 1.800.583.9486

Zoning Offices

The applicable city or county zoning ordinances should be checked to ensure that the desired location is zoned for the proposed type of business before buying or leasing property. For home-based businesses, please verify if a Home Occupation Permit will be required. Contact your local government office(s), or you may find the applicable zoning office(s) in the limited list above under Local Business License Offices.

Using a Fictitious Name

A fictitious name/dba certificate is required for all businesses that plan to use a name different than their legal or corporate name. It is best to check with the County Clerk's office where your business is located to determine if the fictitious name desired is available.

*Source: Nevada Commission on Economic Development

Information on this website, while from reliable sources, is to be used only as a guide.
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