Nevada does not have an individual income tax. Nevada does not have a traditional corporate income tax but does impose a gross receipts tax. Nevada has a 6.85 percent state sales tax rate and an average combined state and local sales tax rate of 8.24 percent. Nevada has a 0.50 percent effective property tax rate on owner-occupied housing value. Nevada does not have an estate tax or inheritance tax. Nevada’s statewide gas tax is 23.81 cents per gallon, and the state also allows counties to levy local option gas taxes that can substantially increase the total state and local gas tax burden. Nevada’s cigarette excise tax is $1.80 per pack of 20 cigarettes.
Nevada raises tax revenue primarily through general sales taxes (45.3 percent of total state and local tax revenue), other taxes (32.6 percent), and property taxes (22.1 percent). Nevada collects $6,365 in state and local tax collections per capita, carries $7,055 in state and local debt per capita, and has an 86 percent funded ratio of public pension plans. Nevada’s tax system ranks 20th overall on the 2026 State Tax Competitiveness Index.
Each state’s tax code is a multifaceted system with many moving parts, and Nevada is no exception. Use the tabs below to compare Nevada taxes with other states and to see how Nevada raises tax revenue. You can also browse our tax maps, which are compiled from our annual publication, Facts & Figures 2026: How Does Your State Compare?
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The State Tax Competitiveness Index enables policymakers, taxpayers, and business leaders to gauge how their states’ tax systems compare. While there are many ways to show how much state governments collect in taxes, the Index evaluates how well states structure their tax systems and provides a road map for improvement.
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Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
2 min read
Individual income taxes are a major source of state government revenue, accounting for more than a third of state tax collections. How do income taxes compare in your state?
9 min read
Retail sales taxes are an essential part of most states’ revenue toolkits, responsible for nearly a quarter of combined state and local tax collections.
18 min read
Forty-four states levy a corporate income tax, with top rates ranging from a 2 percent flat rate in North Carolina to an 11.5 percent top marginal rate in New Jersey. Four states—Georgia, Nebraska, North Carolina, and Pennsylvania—reduced their corporate income tax rates effective January 1, 2026.
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Property taxes are the primary tool for financing local governments. While no taxpayers in high-tax jurisdictions will be celebrating their yearly payments, property taxes are largely rooted in the benefit principle of taxation: the people paying the property tax bills are most often the ones benefiting from the services.
9 min read
The mix of tax sources states choose can have important implications for both revenue stability and economic growth, and the many variations across states are indicative of the different ways states weigh competing policy goals.
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The FDA’s proposal to ban flavored cigars would carry significant revenue implications for many state governments.
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While many factors influence business location and investment decisions, sales taxes are something within policymakers’ control that can have immediate impacts.
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If the policy goal of taxing cigarettes is to encourage cessation, vapor taxation must be considered a part of that policy design.
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Eliminating state gross receipts taxes would be a pro-growth change to make the tax code better for businesses and consumers. How does your state compare?
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The Kansas experience is so infamous that “what about Kansas?” is almost guaranteed to be a question—sometimes as a retort, but often a genuine expression of concern—any time any state explores tax relief. But what about the other two dozen states that have cut their income taxes since then?
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Which states have the highest property taxes in 2022? See how your state compares in property taxes across the United States
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The sales tax is too important a part of states’ revenue toolkits to be permitted further erosion, making sales tax modernization a vital project of the 2020s.
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Ranking unemployment insurance tax codes on the 2022 State Business Tax Climate Index. Learn more about state unemployment insurance tax code and systems.
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Tax burdens rose across the country as pandemic-era economic changes caused taxable income, activities, and property values to rise faster than net national product. Tax burdens in 2020, 2021, and 2022 are all higher than in any other year since 1978.
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