Nebraska Advantage
Research and Development Act
Summary of Benefits Approved

Reporting Neb. Rev. Stat. § 77-5807


Back to 2011 Annual Report Main Page | Back to Nebraska Advantage Research and Development Act | Tax Incentives Home

The tax credit may be used:

  • To obtain a refund of state sales and use taxes paid;
  • Against the income tax liability of the taxpayer; or
  • As a refundable credit claimed on the income tax return of the taxpayer. 

Tax Credits Approved

Year

Income Tax
Credits

Sales and Use
Tax Refunds

2011 

$ 2,354,048

$ 0

2010 

4,075,5191

0

2009

2,234,7411

 0

2008

2,103,6261

0

2007

64,166

0

2006 

0

0

Total 

$ 10,832,100

$ 0

1Correction to previous Annual Report due to audit adjustments..

Back to top of page