Agricultural Economics Department

 

Date of this Version

July 2007

Comments

Published in Cornhusker Economics, 07/11/2007. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

Agricultural and business groups have for several years sought the repeal of state and federal estate taxes. The 2007 Nebraska Legislature repealed the Nebraska estate tax altogether, retroactive to January 1, 2007, and reduced inheritance taxes for close relatives. This newsletter explains these changes.