The State of Nevada, through the Governor’s Office of Economic Development, offers a variety of incentives to help qualifying companies make the decision to do business in the state, including sales tax abatements on capital equipment purchases, sales and use tax deferral on capital equipment purchases, abatements on personal and modified business taxes, real property tax abatements for recycling, assistance with the cost of intellectual property development, and employee training grants. The State now offers abatements on aviation parts and data centers, as well.
SALES AND USE TAX ABATEMENT
Sales and use tax abatement on qualified capital equipment purchases, with reductions in the rate to as low as 2%. More information
MODIFIED BUSINESS TAX ABATEMENT
An abatement of 50 percent of the 1.475% rate on quarterly wages exceeding $50,000. More information
PERSONAL PROPERTY TAX ABATEMENT
An abatement on personal property not to exceed 50% over a maximum of 10 years. More information
REAL PROPERTY TAX ABATEMENT FOR RECYCLING
Up to 50% abatement for up to 10 years on real and personal property for qualified recycling businesses. More information
DATA CENTER ABATEMENT
An abatement up to 75% for personal property and reduction of sales tax to 2%. More Information
AVIATION PARTS ABATEMENT
Personal Property Tax abatement up to 50% and Sales and Use Tax reduction to 2%. More information
SILVER STATE WORKS EMPLOYEE HIRING INCENTIVE
Employers can receive as much as $2,000 for each state-qualified employee hired. More information
The below applications should be submitted through the appropriate Regional Development Authority:
To apply for the Data Center Abatement, click here.
To apply for the Aviation Parts Abatement, click here.