State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter77 > 77-125

77-125. Tax situs, defined.Tax situs means the tax district wherein taxable real property is located or taxable tangible personal property is located for fifty percent or more of the calendar year. Taxable tangible personal property of a business shall be assessed at the location of the business unless the property has acquired tax situs elsewhere. SourceLaws 1997, LB 270, § 8; Laws 1999, LB 194, § 9.