Nebraska Gas Processing Rights Agreement

State:
Multi-State
Control #:
US-OG-1011
Format:
Word; 
Rich Text
Instant download

Description

This form is a gas processing rights agreement.
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How to fill out Gas Processing Rights Agreement?

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FAQ

Nebraska offers an exemption from state and local sales tax on the purchase of electricity, natural gas, and water used in qualifying production activities. This tax exemption is authorized by REG-1-089.01.

The painting service is not subject to sales tax provided a properly completed Nebraska Resale or Exempt Sale Certificate, Form 13, is given to the service provider.

Hear this out loud PauseCharges for repair and installation labor are taxable when the property being repaired, replaced, or installed is taxable. See Sales and Use Tax Regulation 1-082, Labor Charges, and If you provide repair or maintenance services.

Repair labor. Charges for repair labor relating to the repair of a motor vehicle are not taxable PROVIDED such charges are separately stated on the customer's invoice. This does not apply to charges for motor vehicle painting labor which are taxable. Examples: Pulling a dent; applying body putty; or sanding body putty.

Services are generally not taxable in Nebraska, with the following exceptions: Admissions to a location for purposes of amusement, entertainment or recreation. Pest control services. Building cleaning and maintenance. Installation or application of tangible personal property.

Hear this out loud PauseYes. You are required to collect sales tax on the total amount charged for the building materials. The charge for your contractor labor is not taxable, provided it is separately stated.

Hear this out loud PauseOption 3 contractors are consumers of all manufacturing machinery and equipment purchased and annexed by them. Option 3 contractors must pay tax on purchases of machinery and equipment even if the machinery and equipment will be used by a manufacturer.

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Nebraska Gas Processing Rights Agreement