Data

Due Diligence

Workforce

Our Workforce has Grown 29% in 10 Years

The Mesquite labor force has grown significantly throughout the past ten years. That growth is not simply in the number of employees, but in the skills they possess. Businesses are sure to find the resources available within our labor market to propel them to the next level. Further, in partnerships with the educational institutions, programs are regularly being developed to ensure our workforce continues to match the needs of our businesses.

The Value-Added Lifestyle

The Virgin Valley offers a lifestyle beyond compare. Plain and simple, people want to live and work here. When asked, local employees often remark about the benefits of living and working so close to recreation of choice and on the flip side, employers often comment that the productivity and work ethic of the workforce is a true asset to businesses in the area. It is just fact that in the Virgin Valley, the quality lifestyle and the business climate are a true asset to our ever growing workforce.

Taxes

Favorable State Tax Climate

Nevada ranks a very favorable third in the Tax Foundation’s 2014 Business Tax Climate Index, an independent ranking of states in five areas of taxation: corporate taxes; individual income taxes, sales taxes, unemployment insurance taxes, and taxes on property, including residential and commercial property.

Unlike nearly all other states, Nevada has no Corporate or Personal Income Tax – what you earn is what you keep and what you have available to re-invest.

Nevada ranks 3rd in the Tax Foundation’s State Business Tax Climate Index. The Index compares the states in five areas of taxation that impact business: corporate taxes, individual income taxes, sales taxes, unemployment insurance taxes, and taxes on property, including residential and commercial property. The ranks of neighboring states are as follows: California, 48th, Oregon, 12th, Idaho, 18th, Utah, 9th, and Arizona, 22nd.

Nevada’s State and Local Tax Burden Below National Average

The state’s historically strong logistics and distribution business sector is as much a statement of tax policy – no Inventory Tax – as it is of the excellence of its air, rail and highway arterial infrastructure and proximity to major markets and ports.

There is also no Franchise Tax or Unitary Tax, which means you don’t pay for the privilege of being in business in Nevada, or for being in Nevada and operating components of your business elsewhere.

Finally, Nevada has no Estate or Inheritance Tax, which makes it attractive to retirees and others with substantial estates.