On 26 May 2021, Nebraska Gov. Pete Ricketts signed Legislative Bill 432 which provides for a reduction of top corporate income tax rates over the next two years. Accordingly, for tax years beginning on or after Jan. 1, 2022, the rate will reduce from 7.81% to 7.50% on taxable income over USD 100,000. The rate will be further reduced to 7.25% for tax years beginning on or after Jan. 1, 2023.
Related Posts
US: IRS urges taxpayers, businesses to safeguard financial records
September 04, 2026
The US Internal Revenue Service (IRS) has issued guidance during National Preparedness Month encouraging taxpayers to
Read More
US: IRS announces benefits of expanded online services
September 01, 2026
The US Internal Revenue Service (IRS), in a release on 28 August 2026, encouraged taxpayers to explore the growing
Read More
US: IRS urges extension filers to submit 2025 tax returns using IRS Free File
August 28, 2026
The US Internal Revenue Service (IRS) has issued a release urging taxpayers who received filing extensions to use IRS
Read More
US: Treasury, IRS consults proposed immigration-status restrictions on refundable tax credits
August 28, 2026
The US Department of the Treasury and the Internal Revenue Service (IRS) proposed regulations (REG-119882-25) on 20
Read More
US: IRS retires FIRE system, requires transition to IRIS before 2027 tax season
August 27, 2026
The US Internal Revenue Service (IRS), in a release on 24 August 2026, has reminded information return filers who
Read More
US: Treasury, IRS propose regulations to reshape CFC income inclusion rules among US shareholders
August 27, 2026
The US Treasury and the IRS have proposed regulations (REG-115646-25) establishing rules for allocating a controlled
Read More