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The single, most important prerequisite
for a taxpayer to take advantage of Nevada's "tax hospitality" is domiciling
one's self in the state. In simple terms, this means the individual
must make Nevada his principal place of residence - his primary home.
Residency is a question of fact. In addition to the obvious need to
acquire a domicile in Nevada, taxpayers wishing to establish state residency
will have to pass the "close connection
test", identifying Nevada as the state with which they have
the closest ties during the taxable year »
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