INCENTIVES
An Extra Advantage
The Nebraska Advantage program is a performance-based business tax incentive package that can substantially reduce, and in certain cases eliminate, a company’s income, sales, payroll withholding and certain classes of personal property taxes for up to 15 years. Nebraska Advantage has six tiers of benefits based on qualified investment, wage rates and jobs created. The Rural/Redevelopment Advantage consists of two tiers, with the benefits received based on the number of new jobs created and the size of the investment. The table at the end of this brochure summarizes the investment and employment thresholds and contains a list of qualifying businesses for each tier. It also provides a brief description of the benefits available under the program by tier.
In addition, the Nebraska Advantage program includes Customized Job Training Advantage, Research and Development Advantage credits and Microenterprise Tax Credit Advantage.
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