Nebraska Statutes 77-119. Depreciable tangible personal property, defined
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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.
Source
- Laws 1992, LB 1063, § 48;
- Laws 1992, LB 719A, § 204.
Terms Used In Nebraska Statutes 77-119
- Personal property: All property that is not real property.
- Year: shall mean calendar year. See Nebraska Statutes 49-801