Nebraska § 77-3802 Franchise tax imposed

Nebraska Statutes

§ 77-3802 — Franchise tax imposed

Nebraska § 77-3802

Ch. 77Revenue and Taxation

This text of Nebraska § 77-3802 (Franchise tax imposed) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 77-3802 (2026).

Text

(1)There is hereby imposed for each taxable year for the privilege of doing business in this state a franchise tax on all financial institutions with business locations in this state. Such franchise tax shall be based on the average deposits of the financial institution.

(2)The amount of the tax imposed by this section shall be the number of cents, as determined by section 77-3803 , multiplied by the amount of average deposits of the financial institution in thousands of dollars.

(3)The franchise tax imposed by this section shall not exceed the limitation amount prescribed in section 77-3804 .

(4)Each financial institution shall file a separate franchise tax return.

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(1) There is hereby imposed for each taxable year for the privilege of doing business in this state a franchise tax on all financial institutions with business locations in this state. Such franchise tax shall be based on the average deposits of the financial institution.
(2) The amount of the tax imposed by this section shall be the number of cents, as determined by section 77-3803 , multiplied by the amount of average deposits of the financial institution in thousands of dollars.
(3) The franchise tax imposed by this section shall not exceed the limitation amount prescribed in section 77-3804 .
(4) Each financial institution shall file a separate franchise tax return.