ELKO COUNTY BUSINESS OVERVIEW

The incentives of doing business in Nevada are expansive. Nevada boasts one of the most liberal tax structures in the nation; and from a tax-planning perspective, the return on investment in the form of tax saving dollars can be enormous.

• Minimum State Requirements for Rural Areas
• Minimum State Requirements for Expansions
• Minimum State Requirements for Rural Recycling & Renewable Energy
• Minimum State Requirements for Expansion of Recycling & Renewable Energy

For the most current incentive schedules contact ECEDA at 775-738-2100.

COUNTY TAXES

Sales Tax Rate
In Elko County, the sales tax rate is 6.85%

Property Tax Rate
In Elko County, the 2010 average county wide tax rate is 3.0003.

Real Property Taxes
The formula for calculating real property tax is as follows:

Taxable Value x .35 = Assessed Value
Assessed Value x Tax Rate = Total Real Property Tax

Personal Property Taxes
The assessed value is the value on which taxes are calculated. The formula for calculating personal property tax is as follows:

Actual Cost x Cost Index (for appropriate year) = Cost of Replacement

Cost of Replacement x Percent Good = Taxable Value

Taxable Value x .35 = Assessed Value

Assessed Value x Tax Rate = Total Personal Property Tax

Elko County Economic Diversification Authority is partially funded by
a grant from Nevada Commission on Economic Development.

© 2001 - 2009 ECEDA - Elko County Economic Diversification Authority
723 Railroad Street ~ Elko, NV 89801
Phone: (775) 738-2100 ~ Toll Free: 1-866-937-3556 ~ Fax: (775) 738-7978

Executive Director: Pam Borda
E-Mail: pam@eceda.com

Website design by: K Schoppe-Hine