The Gross Margin Tax Initiative will be on the November ballot in 2014. The most basic explanation is that it would impose 2% tax on gross revenue of companies that earn REVENUE of more than 1 million dollars. While there would be some deductions available, this tax could be devastating to Nevada businesses.
At this luncheon, Carole Vilardo of the Nevada Taxpayers Association; Joshua Hicks, attorney with Brownstein Hyatt Farber Schrek and Chris Nielsen, Executive Director of the Nevada Department of Taxation will serve on a panel to explain the tax, the process, what is being done by business across the state to fight it and how you can get involved and help.
Businesses need to hear this information and act!
Join with the Carson Valley Chamber, Carson City Chamber, Business Council of Douglas County, Lake Tahoe South Shore Chamber and NNDA to learn more at this luncheon event.