Clark County amphitheater

From the 2024 DOR Tax Exemption Study

82.29A.130(18) - Clark County amphitheater Description All leasehold interests in the public or entertainment areas of a privately constructed, operated, and maintained amphitheater, where both the public owner and the private lessee regularly sponsor events, with a seating capacity of at least 17,000 and is in a county with a population over 350,000 and less than 425,000 at the time it opened are exempt from the leasehold excise tax. The exemption does not extend to private offices used predominately by the lessee. Purpose To encourage the construction, maintenance, and operation of an amphitheater in Clark County. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes CTI CTI CTI CTI Local Taxes CTI CTI CTI CTI Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 CTI CTI CTI Local Taxes $0.000 CTI CTI CTI Assumptions This exemption impacts fewer than three taxpayers; any impacts are confidential. Data Sources Clark County Assessor's Office Additional Additional Information Information Category: Business Year Enacted: 2005 Primary Ben