Ongoing program · Tax credit or incentive
Nevada Standard Tax Abatements (sales/use, business tax, property)
Nevada Governor's Office of Economic Development, State of Nevada
Key facts
Copied word-for-word from the official Nevada state agency page. Last verified October 28, 2026.
- Program name
- Nevada Standard Tax Abatements (sales/use, business tax, property)
- Issuing agency
- Nevada Governor's Office of Economic Development (State of Nevada)
- Funding type
- Tax credit or incentive
- Funding purpose
- Business and Commerce
- Status
- Ongoing program
- Application deadline
- Ongoing program · no application deadline published
- Published credit or incentive amount
- Not stated on the official Nevada state agency page
- Eligible applicants (our reading of the official page)
- For profit organizations other than small businesses
- Small businesses
- Relevant to
- BusinessesHow we determined this: Derived from the eligibility statement on the official page (business, small business).
- Geographic restrictions
- This is a Nevada state program. Check the official page for location requirements.
- Official source
- View the official program page ↗
- How to apply (from the official page)
- A company works directly with the RDA (Regional Development Authority) to submit a Tax Abatement Application to GOED.
- Source
- goed.nv.gov/incentives/
- Last verified
- October 28, 2026 (against the official Nevada state agency page)
- Record confidence
- highCurated from the official agency page; reviewed by an editor.
Eligibility details (from the agency)
A company must meet two criteria out of three. Average Wage (Statewide average wage) – must meet average wage* Capital Investment Number of Primary Jobs created Note: The company has to offer a medical insurance plan and pay at least 65% of the plan’s premium costs.
Description (from the official program page)
Sales and use tax abatement on qualified capital equipment purchases, with reductions in the rate to as low as 2%. Modified Business Tax Abatement: An abatement of 50 percent of the 1.17% rate on quarterly wages exceeding $50,000. Personal Property Tax Abatement: An abatement on personal property not to exceed 50% over a maximum of 10 years. Real Property Tax Abatement for Recycling: Up to 50% abatement for up to 10 years on real and personal property for qualified recycling businesses.