{"data":{"id":"us-ne/neb.-rev.-stat.-77-2734.16","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 77-2734.16","heading":"Income tax; unitary business; three-factor formula.","body":"The fraction used in section 77-2734.05 shall be computed in the following manner for taxable years beginning or deemed to begin on or after January 1 of the given year. The average of the property, payroll, and sales factors, which shall be known as the three-factor formula, shall be computed for each year and then combined with the sales factor only using the following percentages:\n(1) For 1987, the weight of the three-factor formula shall be one hundred percent;\n(2) For 1988, the weight of the three-factor formula shall be eighty percent and the sales factor shall be twenty percent;\n(3) For 1989, the weight of the three-factor formula shall be sixty percent and the sales factor shall be forty percent;\n(4) For 1990, the weight of the three-factor formula shall be forty percent and the sales factor shall be sixty percent; and\n(5) For 1991, the weight of the three-factor formula shall be twenty percent and the sales factor shall be eighty percent.\nFor 1992 and each year thereafter, the fraction used in section 77-2734.05 shall be the sales factor only.","path":["Chapter 77 - REVENUE AND TAXATION"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=77-2734.16","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:11Z","sha256":"dade8ed140e51860fe2b55e8847318a471d75383e75441d737518b21c144a92f","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-77-2734.15","next":"us-ne/neb.-rev.-stat.-77-2734.17"},"notice":"GroundRules: Original legal text. Not legal advice."}