Taxable tangible personal property shall be listed and assessed where it has acquired tax situs as defined in section 77-125.

Source

Terms Used In Nebraska Statutes 77-1202

  • Personal property: All property that is not real property.
  • Tax situs: means the tax district wherein taxable real property is located or taxable tangible personal property is located for fifty percent or more of the calendar year. See Nebraska Statutes 77-125