Nevada's Tax Gamble

Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...

The people of Nevada have long been averse to direct taxation by the government, preferring to rely on gambling and tourism taxes; however, these methods are no longer enough to support the state. In this article, Alex Thacher, Allan Holzer and Brian Aragon of Ernst & Young discuss Nevada's tax gamble, the Nevada Commerce Tax, and whether it will pay off.

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