As of July, life will get more taxing for Nevada business. That’s when the so-called “commerce tax,” a new state levy based on annual gross revenue and the core of the historic tax package approved by the 2015 Legislature, starts.
Since Tesla Motors decision last year to build its 5-million-square-foot battery gigafactory now under construction east of Sparks, one thing appears clear: The coattail effect is real. Dozens of companies have joined the parade of commerce to Northern Nevada in the past year led by the electric car maker’s massive operation that will eventually employ 6,500 people.
Warren “Bum” Rapp, a retired military aviator, is at the controls of Northern Nevada’s emerging program to develop commercial applications for unmanned aircraft commonly called “drones.” The program he heads up is focused on business uses for unmanned aerial vehicles, or UAVs. That can mean anything from helping map potential mining acreage to improving agricultural concerns to nighttime aerial monitoring of wildfires.
An economic development success story out of Utah is coming Northern Nevada’s way this week. But while recession-weary Nevada likely doesn’t have the money to emulate its success, there are steps that can be taken now that could reap rewards years down the road. That’s what Nevada business leaders see in the Utah Science Technology […]