Nebraska Statutes
§ 77-2505 — Insurance company; no additional retaliatory tax
Nebraska·Ch. 77 Revenue and Taxation
An insurance company claiming a Nebraska affordable housing tax credit against any premium and related retaliatory taxes due under section 44-150 , 77-908 , or 81-523 shall not be required to pay any additional retaliatory tax as a result of claiming the tax credit. The tax credit may fully offset any retaliatory tax imposed under Nebraska law. Any tax credit claimed shall be considered a payment of tax for purposes of subsection (1) of section 77-2734.03 .
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Nebraska § 77-2505 (Insurance company; no additional retaliatory tax) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: Laws 2016, LB884, § 15; Laws 2022, LB800, § 341.
Nearby Sections
15
§ 77-1001
Act, how cited§ 77-1003
Definitions, where found§ 77-1004
Tax terms, meaning§ 77-1005
Approved cost, defined§ 77-1006
Approved project, defined§ 77-1007
Cultural development, defined§ 77-1008
Destination dining, defined§ 77-101
Definitions, where found§ 77-1010
Entitlement period, defined§ 77-1011
Full-service restaurant, defined§ 77-1012
Historical redevelopment, defined§ 77-1013
Investment, defined§ 77-1014
Lodging, defined