77-2101.03. Tax; calculation.
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/ne/chapter-77/77-2101-03A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)For decedents dying on or after January 1, 2003, and before July 1, 2003, the tax on the Nebraska taxable estate shall be the greater of the maximum state tax credit allowance upon the tax imposed under Chapter 11 of the Internal Revenue Code or the amount provided in the following table:
(2)For decedents dying on or after July 1, 2003, and before January 1, 2007, the tax on the Nebraska taxable estate shall be the greater of the maximum state tax credit allowance upon the tax imposed under Chapter 11 of the Internal Revenue Code or the amount provided in the following table:
(3)Taxable generation-skipping transfers shall be taxed at a rate of sixteen percent of the Nebraska taxable transfer.