Nevada Tax Amnesty Program Approved

Governor Jim Gibbon’s tax amnesty proposal has been unanimously approved by the Nevada Tax Commission. Effective July 1, 2008 through September 30, 2008, the program will apply to sales and use tax, modified business tax and business license fees. Taxpayers will have the opportunity to pay taxes they owe to the state without penalties or interest. The Governor is scheduled to sign the emergency regulation later this month. (Press Release, Office of the Governor, June 2, 2008)

Posted on June 4, 2008