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Nebraska Expands Sales Tax Exemptions: Boosting Nonprofits, Agriculture, and Construction

  • Nonprofit organizations providing behavioral health services will be exempt from sales or use tax on their purchases starting from October 1, 2023.
  • Baling wire and twine purchased for use in commercial agriculture activities will be exempt from sales tax starting from October 1, 2023.
  • Construction contractors can appoint purchasing agents to buy materials tax-free on their behalf, starting from July 1, 2026.
  • Taxpayers in exempted categories can save money on their purchases by not having to pay sales or use tax.
  • Construction contractors can save time and money by appointing purchasing agents for tax-free material purchases.
  • These changes aim to support specific sectors, reduce financial burdens, and streamline construction project processes.

Source: salestaxinstitute.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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