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Nevada Banks $30 Million Under General Tax Amnesty Plan

July 26, 2021, 8:46 AM

Nevada picked up $30.4 million in delinquent tax payments from 3,366 businesses and individuals during its recent general tax amnesty and waived $13 million in penalties to encourage participation, the Department of Taxation said.

The state collected three times the $10 million Gov. Steve Sisolak (D) expected when he called for a 90-day tax amnesty ahead of a special legislative session in July 2020 to address a $1.2 billion budget shortfall.

Nevada is the only state to have operated a general tax amnesty in the last two years—a fact that surprised tax analysts, who expected a rash of amnesties ...

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