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What is a modified business tax return in Nevada?

Modified Business Tax Return-General Businesses (7-1-15 to 6-30-16) This is the standard quarterly return for reporting the Modified Business Tax for General Businesses. SB 483 of the 2015 Legislative Session became effective July 1, 2015 and changes the tax rate to 1.475 % from 1.17%.

What is a modified business tax?

The modified business tax covers total gross wages less employee health care benefits paid by the employer. Total gross wages are the total amount of all gross wages and reported tips paid for a calendar quarter. Exceptions to this are employers of exempt organizations and employers with household employees only.

Who Must File Nevada Commerce tax return?

Who is required to file the Commerce Tax return? Business entities with Nevada gross revenue over $4,000,000 during the taxable year are required to file the Commerce Tax return.

Does Nevada have state unemployment tax?

The UI tax funds unemployment compensation programs for eligible employees. In Nevada, state UI tax is one of the primary taxes that employers must pay. Unlike most other states, Nevada does not have state withholding taxes.

Do I need to file a Nevada tax return?

Since Nevada does not collect an income tax on individuals, you are not required to file a NV State Income Tax Return. However, you may need to prepare and efile a Federal Income Tax Return.

Do Nevada residents file state tax returns?

Since Nevada does not collect an income tax on individuals, you are not required to file a NV State Income Tax Return. However, you may need to prepare and efile a Federal Income Tax Return.

Who must file a Nevada Commerce tax return?

Who is required to file the Commerce Tax return? Business entities with Nevada gross revenue over $4,000,000 during the taxable year are required to file the Commerce Tax return. Refer to Filing Requirements FAQs for more information.

Does Nevada have a state tax form?

Nevada Tax Forms No Tax Forms for this State yet.

What taxes do you pay in Nevada?

The Nevada (NV) state sales tax rate is currently 4.6%. Depending on local municipalities, the total tax rate can be as high as 8.265%. Other, local-level tax rates in the state of Nevada are quite complex compared against local-level tax rates in other states.
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