Taxation in Nebraska

Updated on Monday 22nd October 2018

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Companies in Nebraska are subject to the corporate and the franchise income tax, plus several requirements in terms of taxation which can be entirely explained by our team of company formation agents in USA. Having a clear idea about how business is done in Nebraska will help the local and foreign entrepreneurs establish their activities according to their needs, but for complete support, they may address to our consultants for in-depth information and guidance.

What is the corporate tax rate for C corporations in Nebraska?

The state of Nebraska taxes the incomes of C corporations with two marginal rates, depending on the registered revenues, as follows:
  • a 5.58% tax rate for taxable incomes between 0$ and $100,000;
  • a 7.81% tax rate for taxable incomes of more than $100,000.

It is good to know that the corporation occupation tax in Nebraska is the kind of tax imposed on traditional and S corporations, twice per year, and applicable to the net worth of the business. The flat fee of $26 is applicable to incomes of $10,000 or less of the paid-up capital stock, or $23,990 for more than $100 million.

What is the sales tax rate in Nebraska?

The standard sales tax in Nebraska is set at 5.5% and it is applicable to goods and services for sale purposes in this state. Besides this rate, municipalities in Nebraska can apply their own sales tax rates which cannot exceed 2%.

The capital gains tax in Nebraska

The capital gains in Nebraska are taxed depending on the total taxable income and the rate ranges from 2.46% to 6.84%. We mention that long-term and short-term capital gains are considered regular incomes in Nebraska. If you want to start a business in USA, we remind that our team of company formation representatives are at your disposal with complete assistance.

The personal income tax in Nebraska

There are four income brackets for the personal income tax and the following table presents the details in this sense:
Taxable Income Tax Rate
For the first $3,050 2.46%
Between $3,051 and $18,280 3.51%
Between 18,281 and $29,460  5.01%
More than $29,460   6.84%

We remind that you can talk to our team of consultants and ask for support in company formation in Nebraska or in any other state. Feel free to read the general guide to company incorporation in Nebraska and find out the terms and conditions of doing business in this state.

Can I register with Nebraska tax authorities online?

Yes, you may visit the Department of Revenue Service in Nebraska and find out information about the taxes for business in this state, plus the necessary forms and documents you need to consider. Even better, we recommend you get in touch with our advisors and skip the formalities of registering for taxes, as we can handle the requirements in this matter.

We invite you to contact us for support and assistance in company formation in USA.