Nebraska Corrects Effective Dates For New Exemptions
- Jun 23, 2014 | Gail Cole
Many Nebraska Department of Revenue posted a sales and use tax exemption chart on its website, explaining the new exemptions and listing the dates they take effect; however, two of the effective dates were incorrect. Now the department has corrected that chart to reflect accurate effective dates.
The exemption for energy used in agriculture or industry takes effect on January 1, 2015, not on October 1, 2014 as previously listed.
The exemption for repair and replacement parts for agricultural machinery and equipment takes effect on October 1, 2014, not on April 1, 2014 as previously listed.
Additional information is available on the Sales and Use Tax Exemptions Chart, at the Nebraska Department of Revenue website.
Tracking sales tax changes takes time and energy away from valuable resources. Learn about automating sales tax.