Nevada businesses sales rise more than 1 percent for first time in 15 months
October 29, 2008 - 1:23 pm
For the first time in 15 months, Nevada businesses sales rose in August by more than 1 percent.
The Department of Taxation reported today that businesses sold taxable goods worth $4.05 billion in August, a 3.1 percent increase from a year earlier. But sales tax receipts that the state received during the month were only 0.24 percent up from a year earlier.
Gov. Jim Gibbons said a tax receipt decline would have been more than 6.6 percent, except for a tax amnesty program he launched that allowed businesses to pay delinquent taxes without a penalty.
