Base year, defined.

1. Law
2. Nebraska Revised Statutes
3. Revenue and Taxation
4. Base year, defined.

77-6805. Base year, defined.

Base year means the year immediately preceding the year of application, except that if the year of application is 2021, the base year is either 2019 or 2020, whichever year the applicant had the larger number of equivalent employees at the qualified location or locations.

Source

• Laws 2020, LB1107, § 5.

Download our app to see the most-to-date content.