CORPORATE HEADQUARTERS

CORPORATE HEADQUARTERS

RELOCATE TO LAS VEGAS

T he city of Las Vegas is the ideal city for relocating your corporate headquarters. With nearly perfect weather, an even better tax climate, exquisite dining experiences, top shopping, entertainment venues, and outdoor activities galore, you really could not ask for more in the lifestyle department.

Minutes from one of the nation's busiest airports, which is located right at the center of town, makes business travel, both domestic and international, a breeze. Annually, McCarran International Airport serves more than 47 million passengers.

Southern Nevada is currently home base to the headquarters of , Allegiant Airlines, Amerco - parent company of U-Haul, NV Energy, Carroll Shelby International, Switch and of course gaming giants and Fortune 500 companies, Caesars Entertainment, MGM Resorts International and Las Vegas Sands.

Nevada offers a tax climate of 0%: ? Personal income tax ? Estate tax ? Gift tax ? Business income tax ? Franchise tax ? Inventory tax

NEVADA STATE BUSINESS INCENTIVES: Businesses in key industries that make multiyear commitments to jobs and capital investments may qualify for incentives through the Governor's Office of Economic Development.

The incentives include: ? Catalyst Fund, to aid with business relocations and expansions ? Sales and use tax abatements on qualified capital equipment purchases ? Modified business tax, e.g., unemployment insurance, abatements ? Personal property tax abatements ? Grants and incentives for hiring and training eligible employees

T he city of Las Vegas offers corporations multiple opportunities for new development, renovation, creative use of space and out of the box thinking. The city has multiple incentive programs to assist and encourage new business growth in the community.

OFFICE TENANT INCENTIVE PROGRAM Provides qualifying business owners and landlords rebates for pre-approved costs involved in substantially upgrading the interiors of older office facilities in order to make them more competitive.

NEW MARKETS TAX CREDITS Assists with approximately 20 percent of a project's expense and enables a developer to receive low-cost, flexible financing.

RETAIL DOWNTOWN LAS VEGAS PROGRAM Assists retailers with finding locations and aids developers, commercial brokers and property owners with recruiting high-quality tenants in the city's core.

TAX INCREMENT FINANCING Provides rebate incentives for key infrastructure costs for retail, hotel, mixeduse and high-rise residential projects located within the city of Las Vegas redevelopment areas.

VISUAL IMPROVEMENT PROGRAM Offers qualifying business owners within the city's redevelopment areas a rebate for the costs involved in substantially upgrading the exterior appearance of their establishment.

DOWNTOWN BUSINESS ASSISTANCE PROGRAM Provides business owners with project coordination assistance and/ or financial aid when undertaking significant rehabilitation and renovation of vacant commercial or industrial properties located in the city's redevelopment areas.

Cost of Living Index

192.3

146.6 144.7 102.7

116.1 94.9 83.2 93.8 106.0 95.9

LasVegasLosAngelesSanDiegSoanFranciscoRiversidAelbuquerqueIdahoFalls Phoenix RenSoaltLakeCity

COST COMPARISON

Average Annual Wage (All Private)

$86,100

$45,500 $58,700 $56,600

$40,800 $42,300 $41,700 $50,500 $45,600 $51,000

The city of Las Vegas is competitive to other cities if it doesn't surpass them on cost comparisons. From cost of living to annual wages, the city is competitive.

Las Vegas Los Angeles

San

Diego San

Francisco

RiversidAelbuquerque IdahoFalls

Phoenix

Reno Salt

Lake

City

Industrial Electric Rates (Per kWh)

$0.121 $0.121 $0.121 $0.121

$0.059

$0.057 $0.066 $0.061 $0.059 $0.063

Las Vegas Los Angeles

San

Diego San

Francisco

RiversidAelbuquerque IdahoFalls

Phoenix

Reno Salt

Lake

City

Industrial Average Asking Rents (Per Square Foot)

$1.13 $1.11

$0.62 $0.73

$0.51 $0.56

$0.63 $0.36 $0.45

N/A

Las Vegas Los Angeles

San

Diego San

Francisco

RiversidAelbuquerque IdahoFalls

Phoenix

Reno Salt

Lake

City

Source: Applied Analysis powered by

TAX COMPARISON

Workers Compensation Cost (per $100 in Payroll)

$3.24 $3.24 $3.24 $3.24

$1.31

$1.92 $1.79 $1.50 $1.31 $1.27

LasVegasLosAngelesSanDiegSoanFranciscoRiversidAelbuquerqueIdahoFalls Phoenix RenSoaltLakeCity

Corporate Income Tax Tax (Highest Bracket)

8.8% 8.8% 8.8% 8.8% 6.6% 7.4% 6.5% 5.0%

0.0%

0.0%

LasVegasLosAngelesSanDiegSoanFranciscoRiversidAelbuquerqueIdahoFalls Phoenix RenSoaltLakeCity

Lowertaxes are one of the primary reasons both companies and families relocate to Nevada. With a tax comparison like none other it's time to take a hard look at what you are paying.

Unemployment Insurance Tax (Minimum Rate)

5.4% 6.2% 6.2% 6.2% 6.2% 5.4% 6.8% 6.9% 5.4% 7.0%

LasVegasLosAngelesSanDiegSoanFranciscoRiversidAelbuquerqueIdahoFalls Phoenix RenSoaltLakeCity

Source: Applied Analysis powered by

Individual Income Tax Tax (Highest Bracket)

13.3% 13.3% 13.3% 13.3%

7.4% 4.9% 4.5% 5.0%

0.0%

0.0%

Las

VegasLos

AngelesSan

Diego San

FranciscoRiversidAelbuquerqueIdaho Falls

Phoenix

Reno Salt

Lake City

TTY

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