POPULATION: 1,826,341 (2010)
LABOR FORCE: 976,862 (2010 annual average)
RIGHT TO WORK: Yes
TRADITIONAL INDUSTRIES: Agriculture, manufacturing
EXPANDING INDUSTRIES:
Food processing, healthcare,
telecommunications, travel and
tourism
COLLEGE GRADUATES: (Age 25 and over) 27.4% (2009)
BASIC BUSINESS TAXES:
Corporate Income Tax: 5.58 percent
on the first $50,000 and 7.81
percent on income of more than
$50,000; based on federal taxable
income attributable to Nebraska
operations
Corporate Organization Filing
Fees: Based on firm's paid-up capital
stock; rate ranges from $60 for
$10,000 or less of authorized capital
stock to $300 for more than
$100,000 plus $3 per $1,000 in
excess of $100,000; annual occupation
tax also assessed
Sales Tax: 5.5 percent sales tax on
gross receipts from retail sales and
rental of tangible personal property;
certain utilities; admissions; producing,
fabricating, processing,
printing, or imprinting; and lodging
rentals for short periods
Use Tax: Tax on storage, use, or
consumption of tangible personal
property purchased at retail when
the sales tax has not been paid
Property Tax: Levied by county
and municipal subdivisions, including
school districts; all property
assessed at 100 percent of actual
value; industrial sites located outside
Nebraska cities normally
taxed at a lower rate than property
within city limits
BUSINESS INCENTIVES
Industrial Development Revenue
Bonds (low-interest financing)
Nebraska Investment Finance
Authority
Economic Development Loan
Program
Nebraska Development Finance
Service (low-interest financing)
Nebraska Energy Fund
Small Business Innovation Research
Program
Statewide SBA 504
Local development corporations
Skill Training Employment Program
Heartland Capital Fund Limited
(seed capital)
Nebraska Enterprise Opportunity
Network
Community improvement financing
Nebraska Advantage Act
(tax credits)
Nebraska Venture Capital Forum
Program
Nebraska Internship Program
Business Innovation Grants
Site and Building Development
Fund
Angel investment tax credits
