(1) Sales and use taxes shall not be imposed on the gross receipts from the sale, lease, or rental and on the storage, use, or other consumption in this state of manufacturing machinery and equipment. (2) Sales and use taxes shall not be imposed on the gross receipts from the sale of installation, repair, and maintenance services performed on or with respect to manufacturing machinery and equipment.
Neb. Rev. Stat. § 77-2704.22
Manufacturing machinery and equipment and related services; exemption
Applied in 1 court decision — leading case Kerford Limestone Co. v. Nebraska Dept. of Rev. (2014)
Most recently applied in Kerford Limestone Co. v. Nebraska Dept. of Rev. (March 2014)
Laws 2005, LB 312, § 10.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.