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"if you generate income in any state and have nexus there, you are liable for that state's income taxes."

I have a follow up question to this thread, although it isn't related specifically to Nevada.

What state income taxes does a corporation (or an LLC that makes the election to be treated as a corp for tax purposes) have to pay if it is based in a tax free state (like Nevada or I think Delaware?) if they do business in many states throughout the country?

Every state in which it has nexus (some sort of physical presence). It has to apportion its income among the states in accordance with each state's income tax laws. This could easily (and usually does) result in the company paying more tax than if it did all of its business in a single state.

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