Nevada Taxes

Residents and businesses in Nevada enjoy light tax burden as compared to those living in other neighboring southwestern states.  The Nevada Tax structure is one of the most desirable features for new residents.  Anchored by revenues from gaming and tourism, the State of Nevada does not impose taxes on personal income, corporate income, inheritance, franchise, gifts, or inventory.  Our property Tax in Clark County is comparably low to other states as well. For more details on Nevada and Clark County taxes contact the Las Vegas Department of Taxation  702.486.2300

Individuals: No State income tax
                   No State inheritance tax
                   No State gift tax
                   No state estate tax

Corporations: No Corporate state income tax
                      No state franchise tax on income
                      No state capital venues tax
                       No state stock transfer tax
                       No state inventory tax
                       No state unitary tax

Please consult your tax advisor for information 
regarding you specific situation and Nevada tax laws
.

How Property Taxs Are Calculated


Here is an example of how one would calculate property tax. Assume you have a home with a taxable value of $100,000, located in the City of Las Vegas. The tax rate for 2005-06 in the City is $3.3002 per hundred of assessed value. To determine the assessed value, multiply the taxable value of the home ($100,000) by the assessment ratio (35%):

$100,000 X .35 = $35,000 assessed value

To calculate the tax, multiply the assessed value by the tax rate ($3.3002 per hundred dollars assessed value).

$35,000 (assessed value) x .033002 (tax rate) = $1,151 taxes for the 2005-06 fiscal year.


The Nevada State Legislature has passed a law to provide property tax relief to all citizens. Assembly Bill 489, signed into law on April 6, 2005, provides a partial abatement of taxes by applying a 3% cap on the tax bill of the owner's primary residence (single-family house, townhouse, condominium or manufactured home). Only one property may be selected in the State of Nevada as a primary residence.

An 8% cap on the tax bill will be applied to residences that are not owner occupied. The 8% cap would also apply to land, commercial buildings, business personal property, aircraft, etc. New construction or property that has a change of use (zoning change or manufactured home conversion) will not qualify for any cap for this fiscal year but will receive the 3% or 8% cap starting July 1, 2007.


 

CLARK COUNTY TAX RATES

In Clark County there are currently 92 tax districts. The tax rates for these districts are based on the amount of monies budgeted for the necessary maintenance and improvements of their facilities and services. The tax monies collected for the districts pay for schools, police and fire protection, along with other services that taxpayers demand and desire from their local government. These tax rates vary depending on the type of services provided to an area.

Note: Click on the link to view the breakdown of the tax rates for that tax district or click here.

Tax District

District Name

FY 2004-05 Tax Rate fy 2005-06 tax rate fy 2006-07 tax rate

050

Boulder City Library   

2.5064 2.4778 2.4893

051

Boulder City Colorado River

2.5064 2.4778 2.4893

052

Boulder City

2.3424 2.3153 2.4316

055

Boulder City Library Henderson

2.3957 2.3686 2.4193

056

Boulder City LV/CC Library

2.4382 2.4019 N/A

057

Boulder City LV/CC Library Debt

2.4382 2.4019 2.4316

058

Boulder City Library Redevelopment

2.5064 2.4778 2.4893

059

Boulder City Redevelopment

2.3424 2.3153 2.4316

060

Boulder City Library LVMPD

2.5826 2.5734 2.5543

061

Boulder City Library Colorado River

2.5826 2.5734 2.5543

100

Unincorporated County

2.5144 2.4975 2.4966

101

Unincorporated County Fire 911

2.7391 2.7222 2.7213

102

Unincorporated County Colorado River

2.5144 2.4975 2.4966

103

Unincorporated County 911

2.5194 2.5025 2.5016

104

Unincorporated County Fire LVMPD

2.7341 2.7172 2.7163

105

Laughlin Town

3.3610 3.3441 3.3432

106

Laughlin Town Colorado River

3.3610 3.3441 3.3432

107

Laughlin Town Big Bend Colorado River

3.3610 3.3441 3.3432

110

Mt. Charleston Town & Fire

3.4157 3.3988 3.3979

112

Mt. Charleston Town

2.5344 2.5175 2.5166

114

Mt. Charleston Fire

3.3957 3.3788 3.3779

115

Mt. Charleston Town & Fire Kyle Canyon

3.4571 3.4339 3.4330

120

Artesian Basin

2.5160 2.4988 2.4975

121

Artesian Basin 911

2.5210 2.5038 2.5025
2.5287 2.5097 2.5087

125

Artesian Basin Fire 911

2.7407 2.7235 2.7222

135

Indian Springs Town

2.5394 2.5225 2.5216

143

Artesian Basin Fire

2.7357 2.7185 2.7172

145

Unincorporated County Muddy River

2.6043 2.5760 2.4966

146

Unincorporated County Coyote Spring

2.5719 2.5497 2.5462

200

Las Vegas City

3.3002 3.2812 3.2802

203

Las Vegas City Redevelopment

3.3002 3.2812 3.2802

204

Las Vegas City Redevelopment Library

3.3002 3.2812 3.2802

206

Las Vegas City Library

3.2986 3.2799 3.2793

207

Las Vegas City Redevelopment Library Artesian

3.3002 3.2812 3.2802

208

Las Vegas City LVMPD

3.2936 3.2749 3.2743

210

Las Vegas City Artesian Basin

3.2952 3.2762 3.2752

250

North Las Vegas City

3.4071 3.3841 3.3628

253

North Las Vegas Redevelopment

3.4071 3.3841 3.3628

254

North Las Vegas City Library

3.4286 3.3964 3.3751

255

North Las Vegas Redevelopment Library

3.4071 3.3841 3.3628

340

Sunrise Manor

2.9471 2.9299 2.9286
2.9471 2.9299 2.9286

410

Winchester Town

2.9471 2.9299 2.9286

411

Winchester CC Redevelopment

2.9471 2.9299 2.9286

417

Spring Valley Town

2.9471 2.9299 2.9286

420

Summerlin Town Artesian Basin

2.9471 2.9299 2.9286

421

Summerlin Town

2.9455 2.9286 2.9277

470

Paradise Town

2.9471 2.9299 2.9286
2.9471 2.9299 2.9286

500

Henderson City

2.9027 2.8950 2.8941

503

Henderson City Redevelopment

2.9043 2.8963 2.8950

505

Henderson Artesian Basin

2.9043 2.8963 2.8950

507

Henderson Library

2.9468 2.9086 2.9073

510

Henderson Library LVMPD

2.4719 2.4852 2.4843
512

Henderson City Redevelopment

2.9258 2.9086 2.9073

513

Henderson City Redevelopment 2.9258 2.9086 2.9073

514

Henderson City Library Debt 2.9242 2.9073 2.9064

515

Henderson Library Fire

2.6966 2.7099 2.7090

516

Henderson City Library Debt/Artesian Basin 2.9258 2.9086 2.9073
517 Henderson City Debt Library/Artesian Basin 2.9253 2.8963 2.8950
518 Henderson City Redevelopment N/A N/A 2.8950

520

Henderson Library Artesian Basin

2.4735 2.4865 2.4852
521 Henderson City Redevelopment N/A N/A 2.8950
522 Henderson City Redevelopment N/A N/A 2.9073
523 Henderson City Redevelopment N/A N/A 2.9073

525

Henderson Library Artesian Basin Fire

2.6982 2.7112 2.7099

550

Whitney Town

2.9455 2.9286 2.9277

570

Whitney Artesian Basin

2.9471 2.9299 2.9286

620

Enterprise Town

2.7208 2.7039 2.7030

621

Enterprise Library 911 Manpower

2.7258 2.7089 2.7080

625

Enterprise Fire Library 911 Manpower

2.9455 2.9286 2.9277

630

Enterprise Artesian Library Manpower

2.7224 2.7052 2.7039

631

Enterprise Artesian Library 911 Manpower

2.7274 2.7102 2.7089

635

Enterprise Fire Artesian Library 911 Manpower

2.9471 2.9299 2.9286

636

Enterprise Fire Artesian Library Manpower

2.9421 2.9249 2.9236

700

Searchlight Town

2.6316 2.6198 2.6188

701

Searchlight Town Colorado River

2.6316 2.6198 2.6188

800

Bunkerville Town

2.5344 2.5175 2.5166

810

Moapa Valley Town

2.5394 2.5225 2.5216

815

Moapa Valley Fire

2.5144 2.4975 2.4966

820

Moapa Town Water

2.7538 2.7369 2.7360

825

Moapa Valley Town Fire

2.5394 2.5225 2.5216