Neb. Admin. Code § 316-25-001
Definition of Partnership Terms for Nebraska Tax Purposes
Official textNebraska Administrative Code — Title 316 (Revenue) + Title 350 (Property)revenue.nebraska.gov
001.01 In general. For the purpose of applying the Nebraska income tax to partnerships, the definition of partnership, partner, partnership agreement, and liquidation of a partner's interest as contained in the Internal Revenue Code of 1986 shall apply. 001.02 Federal classification as a partnership. A federal classification of an entity as a partnership shall be the conclusive determination for Nebraska tax purposes. This includes a limited liability company classified for federal income tax purposes as a partnership. (Section 77-2773, R.R.S. 1996. November 11, 1998.)
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In this chapter (7 sections)
- 316-25-001 · Definition of Partnership Terms for Nebraska Tax Purposes
- 316-25-002 · Partners, Not the Partnership, Subject to Tax
- 316-25-003 · Taxation of Nonresident Partners
- 316-25-004 · Methods of Accounting
- 316-25-005 · Records
- 316-25-006 · Apportionment Formula - Multistate Operations
- 316-25-007 · Adjustments of Federal or Another State's Income Tax