Nebraska Statutes

§ 77-3804 — Franchise tax; limitation rate; limitation amount

Nebraska § 77-3804
JurisdictionNebraska
Ch. 77Revenue and Taxation

This text of Nebraska § 77-3804 (Franchise tax; limitation rate; limitation amount) 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. § 77-3804 (2026).

Text

(1)The limitation rate shall be forty-eight and eight-tenths percent of the maximum corporate income tax rate in effect for the taxable year, as prescribed in section 77-2734.02 , rounded to the nearest hundredth of one percent.
(2)The limitation amount shall be the product of the net financial income of the financial institution multiplied by the limitation rate.

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Legislative History

Source: Laws 1986, LB 774, § 4.

Nearby Sections

15
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Bluebook (online)
Nebraska § 77-3804, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/77-3804.