Nebraska § 77-2101 Terms, defined

Nebraska Statutes

§ 77-2101 — Terms, defined

Nebraska·Ch. 77 Revenue and Taxation

For purposes of sections 77-2101 to 77-2116 :

(1)Estate tax means the tax due to the state under section 77-2101.01 ;

(2)Generation-skipping transfer tax means the tax due to the state under section 77-2101.02 ;

(3)Nebraska taxable estate means the federal taxable estate, as determined under Chapter 11 of the Internal Revenue Code, minus one million dollars;

(4)Nebraska taxable transfer means the federal taxable transfer, as determined under Chapter 13 of the Internal Revenue Code, minus one million dollars; and

(5)Transfer tax means the estate tax and generation-skipping transfer tax.

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For purposes of sections 77-2101 to 77-2116 :
(1) Estate tax means the tax due to the state under section 77-2101.01 ;
(2) Generation-skipping transfer tax means the tax due to the state under section 77-2101.02 ;
(3) Nebraska taxable estate means the federal taxable estate, as determined under Chapter 11 of the Internal Revenue Code, minus one million dollars;
(4) Nebraska taxable transfer means the federal taxable transfer, as determined under Chapter 13 of the Internal Revenue Code, minus one million dollars; and
(5) Transfer tax means the estate tax and generation-skipping transfer tax.

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