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tax laws in surrounding states around nebraska
what are the sales tax laws across the country concerning agriculture, Do you pay on machinary, and parts and services,
I know other states have way differnet laws concerning real estate taxation. just curious since they want to overall the tax system in nebraska, EXCEPT property tax, which is the one tax that everyone bitches about.
Edit:
Thanks for the info, I find it interesting.
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Re: tax laws in surrounding states around nebraska
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Re: tax laws in surrounding states around nebraska
There is a database somewhere that would answer this for you...try a Google search for state sales tax on agriculutral supplies.
Much of what we use in animal ag is exempt in NC and Va, but there are minor differences between the two. For example, when we moved to NC 19 years ago, we learned that VA exempted hay twine, but NC did not.
You have to file a form E-595, I think it is called. This is a streamlined form for use in all states, I think. I keep a copy with our info filled in pinned to the office bulletin board, and provide it to each vendor.
Property tax exempt on farm machinery in VA, but they tax it in NC. You can really run afoul of some of these breaks if you start callng yourself " agritourism" , and get screwed up on zoning and use- based deferred valuation reserved for ag and forestry, too.
Very complex issue.
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