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taxation

Nevadans to Vote on Mining Tax Cap in 2014

UPDATE: The Nevada Assembly voted along party lines Thursday to allow a public vote on a resolution that would repeal Nevada’s longstanding 5 percent tax cap on mining net proceeds.

Five Assembly members took the opportunity to speak prior to the vote on Senate Joint Resolution 15. Assemblywoman Irene Bustamante Adams and Assemblyman Skip Daly both spoke in favor of the resolution.

Repeal of Nevada’s Mining Tax Cap One Step Closer to 2014 Public Vote

As the price of gold hit its lowest level in a month Thursday, the Assembly Committee on Taxation took a vote on a controversial resolution that would remove the state’s long-standing mining tax cap. Senate Joint Resolution 15 made its way through the Legislature during the 2011 session and needs only to pass in the Assembly before June 4 in order to go to a public vote next year.

U.S. Educator Report Card: Math F, Science F, Reading D-, Socialism A+

The 2012 education PISA* rankings indicate that the USA came in at 25th for math, 14th for reading and 17th for science out of 30 countries with only three of those countries spending slightly more money per pupil than America. Yet the mantra for more money, benefits and taxes for education continue just as it has for the last sixty years. If more money will solve the education problem then why hasn't it ever worked in the last sixty years?

September Taxable Sales up 4.2 Percent, 27th Consecutive Increase

CARSON CITY – Nevada taxable sales totaled $3.7 billion in September for a 4.2 percent increase over the same month in 2011, the Department of Taxation reported today.

It was the 27th consecutive month of increases in the economic indicator as the state Economic Forum prepares on Friday to establish the general fund revenue estimates for the 2013-15 budget.

Nevada Posts 26th Consecutive Taxable Sales Increase In August

CARSON CITY – Nevada recorded its 26th consecutive month of taxable sales increases in August, when consumers spent $3.7 billion on goods and services for a 7.6 percent jump over August 2011, the state Department of Taxation reported today.

The last decrease in statewide taxable sales came in June 2010, when a 0.3 percent decline was reported over June 2009.

Taxable sales grew by 8.1 percent in Clark County and jumped double-digits in Washoe County to 10.5 percent.

Taxable Sales Climb 4.7% In July For 25th Consecutive Month Of Gains

CARSON CITY – Statewide taxable sales totaled $3.55 billion in July, a 4.7 percent increase over July 2011 for the 25th consecutive month of increases, the state Department of Taxation reported today.

Clark County taxable sales were up 5.4 percent, while Washoe County saw a 5.6 percent gain over July 2011.

Ten of Nevada’s seventeen counties recorded an increase in taxable sales for July 2012 compared to July 2011. Eureka, Lyon, Mineral, Nye, Pershing, Storey, and White Pine counties recorded decreases.

Nevada Records Two Straight Years Of Taxable Sales Increases With 7.9 Percent Gain In June

CARSON CITY – Nevada recorded two straight years of increases in taxable sales through June, with a statewide gain of 7.9 percent over June 2011, the state Department of Taxation reported today.

Taxable sales totaled $3.9 billion in June compared to $3.6 billion in June 2011. For the 2012 fiscal year, taxable sales rose 7.6 percent over 2011.

Clark County taxable sales were up 8.9 percent in June and Washoe County saw a 3 percent gain.

Carson Judge Rejects Teacher Tax Measure Because It Violates Single Subject Rule

CARSON CITY – Carson City District Judge James Wilson today ruled a teacher-backed proposal to impose a margin tax in Nevada cannot go forward because it violates a “single-subject” rule for such measures.

Margin Tax Initiative Petition To Fund Education Awaits Ruling By Carson City District Judge

CARSON CITY – Carson City District Judge James Wilson heard arguments today but delayed ruling on whether an initiative petition filed by the state teachers association to raise an estimated $800 million a year for education via a new margin tax is too flawed to go forward.

Wilson said after a brief hearing that he will issue a decision “as soon as possible.”

Nevada Posts Double-Digit Gain In Taxable Sales In May, 23rd Consecutive Month Of Increases

CARSON CITY – Nevada taxable sales jumped by double-digits in May, with consumers purchasing $3.7 billion in goods for a 10.4 percent increase over May 2011, the state Department of Taxation reported today.

Clark County taxable sales were up 10 percent, while Washoe County saw a 4.9 percent gain.

Nevada Taxable Sales Sees Modest But Solid Gain In April

CARSON CITY – Nevada’s taxable sales climbed by 5.1 percent in April over April 2011, continuing a 22 consecutive month trend of positive numbers for the important economic indicator, the state Department of Taxation reported this week.

The $3.5 billion in taxable purchases in April were buoyed by double-digit gains in several major categories, including construction; up 16.1 percent, merchant wholesalers-durable goods, up 10.2 percent; and motor vehicle and parts dealers, up 10.5 percent.

Taxable sales down 11.5 percent in Carson City in April

Carson City's taxable sales slumped in April, down 11.5 percent over prior year, according to the latest report from the Nevada Department of Taxation.

The city is still up 1.6 for sales year to date compared with last year.

Taxable sales statewide rose 5.1 percent in April compared to prior year.

See full stats below:

Group Representing Nevada Businesses Files Court Challenge To Teacher-Backed Margin Tax

CARSON CITY – The Committee to Protect Nevada Jobs filed a lawsuit today against the “Education Initiative” (margin tax Initiative) charging that that the petition’s description of effect is deceptive and incomplete and that it violates the single-subject rule.

The complaint was filed in Carson City District Court.

Governor appoints new tax director

CARSON CITY - Gov. Brian Sandoval announced Friday that he has appointed Chris Nielsen as director of the Department of Taxation and moved current Taxation Director William Chisel to the post of chief financial officer of the Division of Mental Health and Development Services.

Nevada Taxpayer’s Association Cites Concerns With Teachers’ Margin Tax Petition

CARSON CITY – The Nevada Taxpayer’s Association has identified several concerns with an initiative petition to impose a margin tax on Nevada businesses filed by the state teachers union, including the title.

Rural Economic Activity Boosts Nevada Taxable Sales By 7.2 Percent In March

CARSON CITY – Nevada’s taxable sales jumped 7.2 percent in March over March 2011, but the state’s two largest urban counties showed more sluggish growth, the state Department of Taxation reported today.

Taxable sales totaled $3.9 billion in March, driven by Nevada’s rural counties where large energy and mining projects helped boost the numbers overall. For the fiscal year to date, statewide taxable sales are up 7.5 percent.

Nev. casinos seek halt to collection of back taxes

Nevada casinos are pressing the state Department of Taxation to halt the collection of more than $200 million in back sales taxes due on past complimentary meals given to casino patrons and employees until various legal issues are decided.

Rep. Joe Heck Joins With Sen. Dean Heller In Opposing Federal Legislation To Require Online Sales Tax Collections

CARSON CITY – Rep. Joe Heck, R-Nev., said today he agrees with his congressional colleague in opposing federal legislation requiring online merchants to levy sales taxes on purchases.

Heck, interviewed on the Face To Face television program, said he agrees with U.S. Sen. Dean Heller, R-Nev., in opposing such legislation in Congress.

Audit Urges State Tax Department To Use Risk Assessment To Pick Businesses For Compliance

CARSON CITY – Nevada’s Tax Department could enhance its audit efforts by adhering to its own risk assessment formula for determining which businesses to review for compliance, an audit released today said.

The audit of the agency by the state Division of Internal Audits found that it does not follow its risk assessment results when determining which businesses to analyze for potential tax collections.

Nevada Lawmakers Hear Ideas For Revising Local Government Tax Distribution Formula

CARSON CITY – A consultant hired by the cities of Henderson and Las Vegas to analyze the process used to distribute taxes to the counties and cities told lawmakers today the formula now used to make the allocations has weaknesses.

Broader Measure Of Unemployment In Nevada Shows Slight Improvement In First Quarter Of 2012

CARSON CITY – A broader measure of Nevada’s unemployment picture, including those who have given up looking for work, showed slight but continued improvement through the first quarter of 2012, a federal report released today shows.

The rate in Nevada dropped from 22.7 percent in the four quarters through Dec. 31, 2011, to 22.3 percent through March 31, according to the quarterly report from the U.S. Bureau of Labor Statistics.

Nevada Posts Double-Digit Gains In Taxable Sales in February

CARSON CITY – Nevada consumers purchased $3.2 billion worth of taxable goods in February, a 10.2 percent increase over February 2011 and the 20th consecutive month of increases, the state Department of Taxation reported today.

Gov. Brian Sandoval Announces Deal With Amazon To Collect Nevada Sales Tax On Web Purchases

CARSON CITY – Nevada Gov. Brian Sandoval announced today that the state has reached an agreement with on-line retailing giant Amazon to begin collecting Nevada sales tax on purchases.

Carson City Judge Rejects Gaming Tax Petition, Supporters Say They Will File New Version

CARSON CITY – A Carson City District judge today rejected an initiative petition proposing to create a new and higher rate of taxation for Nevada’s largest casinos, finding that the 200 word description of effect of the measure was misleading.

In rejecting the petition, Judge James Todd Russell said he did not believe he had the authority to rewrite the description himself.

Taxable Sales Post Modest But Broad 4.8 Percent Gain In January

CARSON CITY – Nevada’s taxable sales climbed 4.8 percent in January to $3.15 billion, with increases in all major consumer categories except construction, the state Department of Taxation reported today.

It was the 19th month of taxable sales increases in Nevada and brought the increase for the fiscal year 2012 to date to 7.2 percent. Taxable sales increased by 6.1 percent in Washoe County and 3.5 percent in Clark County in January.

Taxable sales for January up 4.1 percent in Carson City, 4.8 percent statewide

A report released today by the Nevada Department of Taxation shows that statewide taxable sales in January rose 4.8 percent compared to the prior year.

Statewide, taxable sales are up 7.2 percent for the fiscal year.

In Carson City, sales rose 4.1 percent in January, putting the city ahead by 3.2 percent for the fiscal year.

Washoe County saw a 6.1 percent increase in January, Lyon County a 5.5 percent rise, and Storey County a 25.8 percent increase over prior year. Taxable sales in Douglas County dropped 3.1 percent, one of only two counties in the state that saw a decline.

Legislative Commission Sets Thursday Vote For Laughlin Incorporation Question

CARSON CITY – The Legislative Commission has scheduled a meeting Thursday to consider the question of whether Laughlin residents should get the chance to vote on incorporating their community.

A number of Laughlin residents have asked the commission to support allowing a vote to go forward on the question in June.

Carson City man claims court clerk backdating documents

A Carson City man says the court clerk there is illegally back dating judicial filings for the state Attorney General. Todd Robben says a court filing by the Attorney General's office in his wrongful termination case against the state's Department of Taxation was dated in time to meet a procedural deadline, December 20th, but it wasn't actually turned over to the court until at least the next day after that deadline.

Demographer: Nevada population remains even, Carson City sees slight increase

The Nevada State Demographer’s Office, located at the University of Nevada, Reno College of Business, has released its 2011 population estimates. The state gained an estimated 17,152 people from July 2010 to July 2011, an estimated increase of 0.6 percent, about equivalent to the increase of 0.7 percent the prior year. Two years ago, the state lost 27,677 people, a decrease of about 1.0 percent.

Democrat State Sen. John Lee Calls For Legislative Commission Vote On Laughlin Incorporation

CARSON CITY – Nevada state Sen. John Lee, D-North Las Vegas, has added his voice to the chorus asking the Legislative Commission to take up the issue of whether the residents of Laughlin should have a chance to vote on incorporation.

In his letter sent to the Legislative Commission this week, Lee also said he supports the right of Laughlin residents to vote on the question in June.

Regulation Requiring Many Home-Based Businesses To Pay Business License Fee Approved By Legislative Panel

CARSON CITY – A regulation requiring thousands of home-based businesses to pay a $200 annual fee won approval today from a legislative panel.

Secretary of State Ross Miller has been trying to get the regulation approved for several months, but has seen the regulation stymied by strong opposition from some Nevada residents and Republican lawmakers who argued the regulation exceeded his authority.

Trio Of GOP Lawmakers Ask Democrat Sen. Steven Horsford To Allow Vote On Laughlin Incorporation

CARSON CITY – Three Republican state senators, all members of the Legislative Commission, have asked Senate Majority Leader Steven Horsford, D-Las Vegas, to call a meeting of the panel as soon as possible to vote on the feasibility of the incorporation of Laughlin.

Conservative Nevada Think Tank Publishes Sourcebook For Policymakers And Public

CARSON CITY – A conservative Nevada think tank today published a guide for policymakers and the public on issues ranging from the state spending to public education to tax policy.

The 88-page sourcebook, called “Solutions 2013” is a compilation of research and policy recommendations from the Nevada Policy Research Institute addressing 39 different subject areas.

Nevada Mining Association Files Court Challenge To Mining Tax Initiative Petition

CARSON CITY – The Nevada Mining Association has filed a court challenge to the initiative petition filed by Nevadans United for Fair Mining Taxes that could lead to a tax increase on the industry from 5 percent to 9 percent.

Taxation director says fewer audits result in higher revenue

CARSON CITY -- State Taxation Director William Chisel acknowledged Wednesday that the number of business audits performed by his staff has declined -- in part because of a drop in staff -- but the auditors are concentrating their work on companies where the return potentially is larger....

Legislative Panel OKs $260K To Tax Department For Audit Team To Track Cigarette Sales

CARSON CITY – The Nevada Legislature’s Interim Finance Committee today approved a request from the Department of Taxation for $260,000 to hire a team of auditors to track cigarette sales to protect a $40 million a year payment to Nevada from the nation’s major tobacco companies.

Gov. Sandoval Says Elimination Of Unnecessary Regulations Will Aide In Economic Development Efforts

RENO – Gov. Brian Sandoval said today his plan to repeal 654 unnecessary regulations will assist in the state’s efforts at economic diversification and job creation by making Nevada more business friendly.

In addition to the repeal of more than 600 rules, another 1,100 will be updated as a result of an executive order he issued in January 2011 imposing a one-year freeze and calling for his cabinet to thoroughly review the entire regulatory framework of the state. The review was finalized last week.

Nevada Taxable Sales Up 9.6 Percent In November

CARSON CITY – Nevada’s taxable sales rose 9.6 percent in November over the same month a year ago, driven in large part by car sales and improved business at bars and restaurants, the state Department of Taxation reported today. Taxable sales totaled nearly $3.4 billion for the month.

For the fiscal year that began July 1, 2011, taxable sales are up 8.5 percent through November.

Clark County sales were up 8.6 percent. Washoe County sales were up 5.3 percent.

Assemblyman Pete Livermore announces re-election bid

Pete Livermore, Nevada Assembly Disctrict 40

Pete Livermore has announced he will be running for a second term representing Assembly District 40, which encompasses most of Carson City.

Livermore served on the Carson City Board of Supervisors until he was elected to the Assembly in 2010, edging out fellow supervisor Robin Williamson.

The following is the text of a press release sent out by Livermore today:

Gaming Policy Committee Appointments Made, First Meeting Set For Mid-February

CARSON CITY – A panel of key gaming figures and state officials will begin meeting next month to consider the impact of Internet gaming and other technological advances on Nevada’s major industry.

Gov. Brian Sandoval announced his five appointments to the Gaming Policy Committee yesterday. The full 11-member committee has not met since 1984. Sandoval will serve as chairman.

State Tax Department Seeks Funding To Monitor Cigarette Sales To Protect Nevada’s Tobacco Payments

CARSON CITY – A state panel today supported a request from the Department of Taxation for $260,000 to hire a team of auditors to track cigarette sales to protect a $40 million a year payment to Nevada from the nation’s major tobacco companies.

Nevada sales up 12.1 percent in October

Taxable sales in Nevada jumped 12.1 percent in October compared with the same month last year, with big gains reported in the construction, auto, clothing, and bar and restaurant sectors, the Nevada Department of Taxation reported Tuesday.

Sales rose 9.3 percent in Clark County and 14.9 percent in Washoe County, Nevada's two population centers that include Las Vegas and Reno, respectively. Elsewhere, total sales were up 1.5 percent in Carson City, and 46.2 percent in Elko, 6.4 percent in Douglas, 32.9 percent in Churchill and 22.2 percent in Storey counties.
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Carson City free daily news summary for Dec. 13

Some Nevadans are trying to start a new political party called the "DuoFreedomists" which they claim would serve moderates put off by the Republicans and Democrats. The group's policy goals to “freeze, shrink and shift” taxation and spending is very similar to those of the Tea Party.

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Artist Brent Sommerhauser will be showing his work "Brushing the Firmament" at the Nevada Arts Council's OXS Gallery, 716 N. Carson St., through Feb. 10.

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Carson High School teacher Erin Been's passion for fitness has made her a Healthy Schools Program Champion, a recognition awarded by Alliance for a Healthier Generation. She has worked to make CHS students and teachers make fitness more fun with programs like morning yoga classes, incorporating dance into phys-ed classes and offering after-school programs to promote nutrition and healthy cooking.

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Carson High football coach Blair Roman recognized the seniors on his team at the season-ending awards banquet Monday night. The team has won a share of the league title three straight years, including this season's 10-2 record.

Nevada Tax Collections Remain On Track Overall Despite Gaming Volatility

CARSON CITY – Despite ongoing volatility in Nevada’s gaming industry, strong consumer buying is helping to keep the state’s tax revenues on an even keel four months into the new two-year budget, state officials say.

Differences emerge on proposed Laughlin city budget

CARSON CITY – The state Department of Taxation and those that want to turn the Clark County community of Laughlin into a city are $5 million apart on estimating how a new budget would cost. There's disagreement between the state and the proposed city ...

August sales tax numbers up; Carson sees huge jump from one-time audit

Carson City's taxable sales jumped a whopping 11.7 percent in August. But Department of Taxation officials say it was a one-time event, caused when auditors discovered $6.69 million in unpaid taxe...

Nevada Taxable Sales Show Gains In August

CARSON CITY – Nevada’s economy continued to show some signs of improvement in August, with taxable sales rising by 5.7 percent over August 2010, a report released today shows.
The report from the Nevada Department of Taxation also shows a 5.2 percent increase in taxable sales in the first two months of fiscal year 2012 that began July 1.
Clark County posted a 3.5 percent increase, while Washoe County showed a 2.1 percent gain.

Online Sales Increasingly Cutting Into Tax Dollars, Says Retailers’ Group

Nevada could take in $16 million less in tax dollars this year due to online sales, according to a new report by the Retail Association of Nevada (RAN).
Sales tax currently accounts for 28.3 percent of the state’s general fund revenue while gaming taxes bring in 23.6 percent. Nevada ranks 11th in the nation in terms of sales tax reliance, according to a Congressional Research Service report, while the state’s maximum sales tax rate, 8.1 percent in Clark County, ranks 20th.

Sandoval Appoints New Taxation Chief

CARSON CITY — Gov. Brian Sandoval today announced he has named William Chisel as Director of the Nevada Department of Taxation, effective Monday, September 12th.

Tyrus W. Cobb: Should tax rates have been raised in exchange for deep spending cuts?

A key aspect of the recent virulent debate over the debt ceiling had to do with the question of raising tax rates, at least on the super-wealthy, in exchange for deep cuts in government spending. Before we can evaluate the pros and cons of that “grand compromise,” let's look at current tax rates and understand who pays what income taxes.

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