Nebraska Administrative Code — Title 316 (Revenue) + Title 350 (Property)
Neb. Admin. Code § 316-25-001
Definition of Partnership Terms for Nebraska Tax Purposes
Official textrevenue.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.)
Source: view the official text
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