Nebraska DOR Publishes Income, Sales Tax Rate Chronologies

The Nebraska Department of Revenue April 1 published individual income, corporate income, and sales and use tax rate chronologies. The document contains information on: 1) tax rate histories; 2) individual income tax brackets; 3) standard and itemized deductions; 4) personal exemptions; and 5) sales tax collection fees. The document also states that as of Jan. 1, a simple interest will be assessed at the rate of 5 percent on delinquent tax payments and applied to eligible credits or refunds of taxes collected by the state. [Neb. Dep’t of Revenue, Tax Rate Chronologies Table 1 - Income and Sales Tax Rates, ...