Form 15 "Nebraska Application for Election of Lessors to Pay Sales and Use Tax on Cost of Motor Vehicles" - Nebraska

What Is Form 15?

This is a legal form that was released by the Nebraska Department of Revenue - a government authority operating within Nebraska. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on January 1, 2018;
  • The latest edition provided by the Nebraska Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Form 15 by clicking the link below or browse more documents and templates provided by the Nebraska Department of Revenue.

ADVERTISEMENT
ADVERTISEMENT

Download Form 15 "Nebraska Application for Election of Lessors to Pay Sales and Use Tax on Cost of Motor Vehicles" - Nebraska

1246 times
Rate (4.3 / 5) 87 votes
Nebraska Application for Election of Lessors
FORM
15
to Pay Sales and Use Tax on Cost of Motor Vehicles
1 Do you hold, or have you previously held, a
2 Federal Employer ID or Social Security
Please Do Not Write In This Space
Nebraska ID Number?
Number
YES
NO
If yes, provide the number
RESET FORM
PRINT FORM
3 County of Business Location in Nebraska
4 Business Classification Code
532100
Name and Location Address of Lessor
Name and Mailing Address of Lessor
Name
Name
Street Address
Street or Other Mailing Address
City
State
Zip Code
City
State
Zip Code
5 Are motor vehicles currently being leased?
Yes
No
If Yes, attach list.
I hereby elect, in accordance with the provisions of Nebraska Sales and Use Tax Regulation 1-019, Rental or Lease of Vehicles, to pay the Nebraska
and local option sales/use tax on the cost of all automobiles, trucks, trailers, semitrailers, and truck tractors leased or rented for periods of one year or
more, including the tax computed on the fair market value of existing vehicles leased or rented. This election does not apply to those vehicles leased to
common or contract carriers who hold a valid Nebraska exemption certificate. I understand that this election, pending approval by the Tax Commissioner,
shall continue in force for a period of not less than two years, or until the election is terminated.
sign
here
Signature of Owner, Partner, Corporate Officer, or
Title
Date
Phone Number
Duly Authorized Individual
Email Address
For Department of Revenue Use Only
Comments:
Approved
Disapproved
Authorized Signature
Date
Instructions
Who May File. Any lessor of motor vehicles, registered for operation on Nebraska highways and leased for a period of one
year or more in Nebraska, may elect to pay the Nebraska and local option sales or use tax on the cost of all vehicles, in lieu
of collecting and remitting Nebraska sales tax upon the gross lease receipts.
The election to use this alternate method of taxation is applied for by filing Form 15 and is effective upon approval by the
Nebraska Department of Revenue (Department). It shall remain in effect for at least two years. After two years, the lessor
may submit an application to terminate such election.
When and Where to File. This application may be filed at any time. Mail to the Nebraska Department of Revenue,
Attention: Policy Division, PO Box 98923, Lincoln, NE 68509-8923.
Motor Vehicles. “Motor vehicle” includes automobiles, trucks, trailers, semitrailers, and truck-tractors, but does not
include motorcycles.
Lessor’s Option. Any person electing the lessor’s option is required to pay the Nebraska and local option sales or use tax
on all vehicles leased for periods of one year or more, except those vehicles leased to common or contract carriers who hold a
valid Nebraska exemption certificate. The lease receipts from these motor vehicles leased for one year or more are not taxable.
Motor vehicles leased for less than one year do not qualify for the lessor’s option. Sales or use tax must be collected on the
lease receipts of these vehicles. Lessors who have received approval and have motor vehicles leased for periods of both less
than one year and one year or more, must segregate the taxable receipts from the nontaxable receipts in their records.
Mail this application to: Nebraska Department of Revenue, PO Box 98903, Lincoln, NE 68509-8903.
revenue.ne.gov, 800-742-7474 (NE and IA), 402-471-5729
Retain a copy for your records.
6-031-1967 Rev. 1-2018
Supersedes 6-031-1967 Rev. 1-2014
Nebraska Application for Election of Lessors
FORM
15
to Pay Sales and Use Tax on Cost of Motor Vehicles
1 Do you hold, or have you previously held, a
2 Federal Employer ID or Social Security
Please Do Not Write In This Space
Nebraska ID Number?
Number
YES
NO
If yes, provide the number
RESET FORM
PRINT FORM
3 County of Business Location in Nebraska
4 Business Classification Code
532100
Name and Location Address of Lessor
Name and Mailing Address of Lessor
Name
Name
Street Address
Street or Other Mailing Address
City
State
Zip Code
City
State
Zip Code
5 Are motor vehicles currently being leased?
Yes
No
If Yes, attach list.
I hereby elect, in accordance with the provisions of Nebraska Sales and Use Tax Regulation 1-019, Rental or Lease of Vehicles, to pay the Nebraska
and local option sales/use tax on the cost of all automobiles, trucks, trailers, semitrailers, and truck tractors leased or rented for periods of one year or
more, including the tax computed on the fair market value of existing vehicles leased or rented. This election does not apply to those vehicles leased to
common or contract carriers who hold a valid Nebraska exemption certificate. I understand that this election, pending approval by the Tax Commissioner,
shall continue in force for a period of not less than two years, or until the election is terminated.
sign
here
Signature of Owner, Partner, Corporate Officer, or
Title
Date
Phone Number
Duly Authorized Individual
Email Address
For Department of Revenue Use Only
Comments:
Approved
Disapproved
Authorized Signature
Date
Instructions
Who May File. Any lessor of motor vehicles, registered for operation on Nebraska highways and leased for a period of one
year or more in Nebraska, may elect to pay the Nebraska and local option sales or use tax on the cost of all vehicles, in lieu
of collecting and remitting Nebraska sales tax upon the gross lease receipts.
The election to use this alternate method of taxation is applied for by filing Form 15 and is effective upon approval by the
Nebraska Department of Revenue (Department). It shall remain in effect for at least two years. After two years, the lessor
may submit an application to terminate such election.
When and Where to File. This application may be filed at any time. Mail to the Nebraska Department of Revenue,
Attention: Policy Division, PO Box 98923, Lincoln, NE 68509-8923.
Motor Vehicles. “Motor vehicle” includes automobiles, trucks, trailers, semitrailers, and truck-tractors, but does not
include motorcycles.
Lessor’s Option. Any person electing the lessor’s option is required to pay the Nebraska and local option sales or use tax
on all vehicles leased for periods of one year or more, except those vehicles leased to common or contract carriers who hold a
valid Nebraska exemption certificate. The lease receipts from these motor vehicles leased for one year or more are not taxable.
Motor vehicles leased for less than one year do not qualify for the lessor’s option. Sales or use tax must be collected on the
lease receipts of these vehicles. Lessors who have received approval and have motor vehicles leased for periods of both less
than one year and one year or more, must segregate the taxable receipts from the nontaxable receipts in their records.
Mail this application to: Nebraska Department of Revenue, PO Box 98903, Lincoln, NE 68509-8903.
revenue.ne.gov, 800-742-7474 (NE and IA), 402-471-5729
Retain a copy for your records.
6-031-1967 Rev. 1-2018
Supersedes 6-031-1967 Rev. 1-2014
Motor Vehicles Under an Existing Lease. A list of all motor vehicles currently under lease, with at least one year
remaining on the existing lease, must be attached to this application. The list must include name, model, and year of the
motor vehicle, the term of the lease, the fair market value of the vehicle as of the date of the application, and an indication
of whether the lease is to a common or contract carrier who holds a valid Nebraska exemption certificate. The list must also
state whether state and local option sales or use tax has been paid by the applicant on each motor vehicle listed.
Payment of Tax. If the Nebraska and local option sales or use tax has been paid, a copy of the
Nebraska Sales/Use Tax and
Tire Fee Statement for Motor Vehicles and Trailer Sales, Form
6, must be retained with your records.
If the Nebraska and local option sales or use tax has not been paid, the tax must be remitted to the county treasurer of the
county in which the motor vehicle is registered within five days from receipt of approval of the lessor’s option. The lessor
of the motor vehicle is required to remit the local option sales or use tax based on the location address designated on the
application. If the address designated on the application is within the boundaries of a locality imposing a local option tax,
the local sales or use tax must also be paid.
If the motor vehicle is part of a Nebraska fleet of apportionable motor vehicles, and the motor vehicle is registered under
the International Registration Plan (IRP), the Nebraska and local option sales or use tax must be remitted to the Nebraska
Department of Motor Vehicles within five days from receipt of approval of the lessor’s option. The payment of any local
option sales or use tax is based on the registered owner’s address as determined under the IRP.
The lessor must contact the Department and submit proof of payment of this tax. A current list of all leased vehicles must
be maintained at all times.
Persons operating under the lessor’s option are required to pay the Nebraska and local option sales tax on all motor vehicles:
Purchased and leased for periods of one year or more; and
Previously leased to a common or contract carrier for periods less than one year, and now leased for periods of one
year or more. The tax must be paid on the fair market value of the motor vehicle at the time the vehicle is first leased
for more than one year.
Specific Instructions
Line 1. Enter the Nebraska ID number assigned to you by the Department for any Nebraska tax program.
Line 3. Enter the Nebraska county where your business is located. If there is more than one location within Nebraska, enter
the location which is the principal location in Nebraska.
Line 5. Are you currently leasing motor vehicles? If yes, attach a list as described in this application.
Authorized Signature. This application must be signed by the owner, partner, corporate officer, or other individual
authorized to sign by a
power of attorney
on file with the Department.
Page of 2