Posted: 4/19/2011
Nevada: Assembly Committee Holds Public Hearing Excise Tax Bill
The Assembly Committee on Taxation held a public hearing April 12 on AB 336, which relates to the imposition of a 4.5 percent rate excise tax on certain income of business entities in the state. Constitutionally, the bill requires a two-thirds vote of the Legislature to be passed, but no action has been taken by the committee.