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What are the tax incentives/advantages of opening a Nevada Business?

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What are the tax incentives/advantages of opening a Nevada Business?

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No state income tax (corporate or personal); low state payroll taxes (employer paid); no inventory tax; no franchise tax. Wages are below the national average for many fields and the cost of living is low compared to most metropolitan areas. The names of stockholders of Nevada corporations are not a matter of public record.

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