77-2101. Terms, defined.
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/ne/chapter-77/77-2101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of sections 77-2101 to 77-2116 :
(1)Estate tax means the tax due to the state under section 77-2101.01 ;
(2)Generation-skipping transfer tax means the tax due to the state under section 77-2101.02 ;
(3)Nebraska taxable estate means the federal taxable estate, as determined under Chapter 11 of the Internal Revenue Code, minus one million dollars;
(4)Nebraska taxable transfer means the federal taxable transfer, as determined under Chapter 13 of the Internal Revenue Code, minus one million dollars; and
(5)Transfer tax means the estate tax and generation-skipping transfer tax.