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2012 Nebraska Revised Statutes
Chapter 77 - REVENUE AND TAXATION
77-119 - Depreciable tangible personal property, defined.


NE Code § 77-119 (2012) What's This?
77-119. Depreciable tangible personal property, defined.

Depreciable tangible personal property shall mean tangible personal property which is used in a trade or business or used for the production of income and which has a determinable life of longer than one year.

Source
    Laws 1992, LB 1063, § 48;
    Laws 1992, LB 719A, § 204.

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