Nebraska Statutes 77-5507. Base-year employee, defined
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Base-year employee means any individual who was employed in Nebraska and subject to the Nebraska income tax on compensation received from the company or its predecessors during the base year and who is employed at the project.
Terms Used In Nebraska Statutes 77-5507
- Base year: means the year immediately preceding the year in which the start date occurs. See Nebraska Statutes 77-5506
- Base-year employee: means any individual who was employed in Nebraska and subject to the Nebraska income tax on compensation received from the company or its predecessors during the base year and who is employed at the project. See Nebraska Statutes 77-5507
- Company: means (1) any person subject to sales and use taxes and either the income tax imposed by the Nebraska Revenue Act of 1967 or the franchise tax under sections Nebraska Statutes 77-5509
- Compensation: means the wages and other payments subject to withholding for federal income tax purposes. See Nebraska Statutes 77-5512
- Project: means a project described in the Invest Nebraska Act and approved by the board. See Nebraska Statutes 77-5523