Nevada OKs Live Event Tax

The bill, which passed the Senate unanimously May 31 and cleared the Assembly the next day in Carson City, is expected to clarify some provisions of a Live Entertainment Tax while “capturing revenue from an evolving entertainment landscape and closing loopholes,” according to the Las Vegas Sun.

The budget now heads to Gov. Brian Sandoval for approval. The bill includes a 9 percent tax on live entertainment, a change from the existing system that imposes a 5 percent or 10 percent tax depending on the size of the venue.

It clarifies that large-scale outdoor entertainment events like Burning Man would be taxed. And since it is Nevada, and they make such distinctions, the tax measure includes escorts but not prostitutes.