There is a newer version of the Nebraska Revised Statutes
2012 Nebraska Revised Statutes
Chapter 77 - REVENUE AND TAXATION
77-2704.22 - Manufacturing machinery and equipment and related services; exemption.
NE Code § 77-2704.22 (2012) What's This?
77-2704.22. Manufacturing machinery and equipment and related services; exemption.(1) Sales and use taxes shall not be imposed on the gross receipts from the sale, lease, or rental and on the storage, use, or other consumption in this state of manufacturing machinery and equipment.
(2) Sales and use taxes shall not be imposed on the gross receipts from the sale of installation, repair, and maintenance services performed on or with respect to manufacturing machinery and equipment.
Source
- Laws 2005, LB 312, ยง 10.
Annotations
Under section 77-2701.47 and subsection (1) of this section, the sale of manufacturing machinery and equipment includes the sale of items that are assembled to make manufacturing machinery and equipment. Concrete Indus. v. Nebraska Dept. of Rev., 277 Neb. 897, 766 N.W.2d 103 (2009).
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
