As you make your way to your hotel this busy casino with its lights and music seems enticing. And is that the famous Mandalay Bay over there in the distance? So little time to see so many things. Oh well. Maybe just do some shopping for all those friends and family back home. There is a sales tax of just over 7 per cent. However, there is no personal income tax in the State of Nevada. Not only is there no personal income tax, there is also no gift, inheritance, estate, franchise, inventory nor corporate taxes. These bountiful tax benefits together with the sunny dry climate make Las Vegas an attractive place to live. No wonder the city is spreading, meandering out farther and farther. New houses and new shopping centers are springing up almost as far as the eye can see.