Depreciable tangible personal property shall mean tangible personal property which is used in a trade or business or used for the production of income and which has a determinable life of longer than one year.

← Nebraska adjusted basis, defined; trade in of property; how treated Net book value of property for taxation, defined →

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Axiom
Nebraska
Statutes
Title 77
§ 77-119

Depreciable tangible personal property, defined

Official source

← Nebraska adjusted basis, defined; trade in of property; how treated Net book value of property for taxation, defined →

in view

Whole section