Nebraska Nonprofit Certificate of Exemption Checklist is a legal document that was released by the Nebraska Department of Banking and Finance - a government authority operating within Nebraska.
Q: What is a Nebraska Nonprofit Certificate of Exemption?
A: The Nebraska Nonprofit Certificate of Exemption is a document that allows nonprofit organizations in Nebraska to be exempt from certain taxes.
Q: What taxes are exempted with the Nebraska Nonprofit Certificate of Exemption?
A: Nonprofit organizations with this certificate are exempt from Nebraska sales and use taxes.
Q: Which organizations are eligible for the Nebraska Nonprofit Certificate of Exemption?
A: Nonprofit organizations that have been granted tax-exempt status by the Internal Revenue Service (IRS) are eligible to apply for this certificate.
Q: How can a nonprofit organization apply for the Nebraska Nonprofit Certificate of Exemption?
A: To apply, nonprofits must complete and submit Form 13, the Nebraska Application for Sales/Use Tax Exemption, along with any required documentation.
Q: Is there a fee for the Nebraska Nonprofit Certificate of Exemption?
A: No, there is no fee to apply for or obtain this certificate.
Q: How long does it take to receive the Nebraska Nonprofit Certificate of Exemption?
A: The processing time is typically 4-6 weeks, but it may take longer during peak periods.
Q: Is the Nebraska Nonprofit Certificate of Exemption permanent?
A: No, the certificate is valid for 5 years, after which organizations must reapply to maintain their exempt status.
Q: What should a nonprofit organization do if there are changes to their exempt status or contact information?
A: Nonprofits must notify the Nebraska Department of Revenue within 30 days of any changes to their exempt status or contact information.
Q: What happens if a nonprofit organization uses the Nebraska Nonprofit Certificate of Exemption for non-exempt purchases?
A: If a nonprofit organization uses the certificate for non-exempt purchases, they may be subject to penalties or fines.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Nebraska Department of Banking and Finance.