Tax Credits

Nebraska Advantage Research and Development Credit:  This program offers a refundable tax credit for qualified research and development activities equal to 15% of the federal credit allowed.  The credit is increased to 35% of the federal credit allowed for expenditures that take place at Nebraska colleges or universities.   

Nebraska Advantage Package:  Businesses that create new jobs and/or make capital investments may qualify for sales tax refunds, sliding scale wage tax credits, investment tax credits and business personal property tax exemptions.  This discretionary program is organized into different tiers of benefits that are based on capital investment, number of jobs created, industry sector, and average project wage.  The program has been amended to include a special tier level for data center projects.

JOB TRAINING

Nebraska Customized Job Training Program: Offers discretionary grants to companies that provide job training for full-time employees.  Grants range from $800 to $4,000 per trainee with additional grant funds available to businesses located in rural and/or high-poverty areas.

TAX EXEMPTIONS

Sales Tax Exemptions:  Purchases of manufacturing machinery, equipment and related services may be entitled to exemptions from state and local sales tax.

 

Last updated: April 2017


 
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