Nebraska LB1244 eliminates certain sales and use tax exemptions, imposes sales and use tax on specific services, and changes provisions related to.
Nebraska LB1244 eliminates sales and use tax exemptions on depreciable agricultural machinery and equipment, net wrap, and baling wire for commercial agriculture. It imposes sales and use taxes on various services, including animal specialty services, animal grooming services, and telecommunications services. The bill also modifies federal adjusted gross income by reducing it for certain items such as military retirement benefits, social security benefits, and capital gains from gold or silver bullion.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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