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NV

Nevada Standard Tax Abatements for Restaurant and Hospitality Businesses (NRS 360.750)

GOED offers sales and use tax abatements (reduced to 2%), modified business tax abatements (50% for 4 years), and personal property tax abatements for qualifying new or expanding restaurant and food service businesses in Nevada.

About this program

Visit the program website for full details.

Eligibility

New or expanding restaurant and food service businesses that meet at least two of three criteria: average wage at or above statewide average, minimum capital investment, and minimum primary jobs created. Must offer employee medical benefits.

Requirements

  • Meet two of three criteria: average wage, capital investment, or primary jobs created
  • Offer medical insurance and pay at least 65% of premium costs
  • Generate more than 50% of revenue from outside Nevada