Property Factor; Consistency in Reporting

367.01 In filing returns with Nebraska, if the taxpayer departs from or modifies the manner of valuing property, or of including or excluding property in the property factor, as compared to returns for prior years, the taxpayer must disclose the nature and extent of the modification in the return for the current year. 367.02 If the returns or reports filed by the taxpayer with all states to which the taxpayer reports are not uniform in the valuation of property and in the inclusion or exclusion of property in the property factor, the taxpayer must disclose the nature and extent of the variance in the Nebraska return. (Neb. Rev. Stat. §§ 77-2734.06 and 77-2774. December 27, 2015.)