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Mining for Taxes: Raising State Revenues in Nevada
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Mining for Taxes: Raising State Revenues in Nevada
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Mining tax bill crowds out coverage of Cannizzaro s big blunder
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The Nevada Legislature has enacted a one-time tax amnesty program for qualified businesses or individuals doing business in Nevada.
Benefits Of Amnesty
The program allows for penalty and interest to be waived on outstanding taxes that were due and payable on or before June 30, 2020, which includes monthly tax returns due on May 31, 2020 or before, and quarterly tax returns due April 30, 2020 or before.
Amnesty Period
Taxes Covered Under Amnesty Program
The following tax types are eligible for amnesty:
Sales and Use Tax, Modified Business Tax, Cigarette Tax, Other Tobacco Products Tax, Liquor Tax, Bank Branch Excise Tax, Insurance Premium Tax, Tire Tax, Live Entertainment Tax (non-gaming), Short Term Lessor (Passenger Car Governmental Service Fee), Exhibition Facilities Fees, Commerce Tax, Transportation Connection Tax, Wholesale Marijuana Excise Tax, Retail Marijuana Excise Tax, Centrally Assessed Property Tax, and N
Nevada tax amnesty program waives penalties to encourage taxpayers, businesses to submit overdue money
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