State & local tax alert: Nevada commerce tax initial tax return due August 15, 2016
If your business earns any revenue in Nevada, you need to be aware of the state’s new commerce tax. The annual return is due August 15 unless an extension is requested.
Nevada enacted a commerce tax on the gross receipts of entities and persons conducting business in the state effective July 1, 2015. Businesses with any Nevada gross revenues or business activities will need to file an initial Commerce Tax Return by Monday, August 15, 2016, unless an extension is requested by that time.
The information provided in this alert is only a general summary and is being distributed with the understanding that Plante & Moran, PLLC, is not rendering legal, tax, accounting, or other professional advice, position, or opinions on specific facts or matters and, accordingly, assumes no liability whatsoever in connection with its use.
