Nebraska Nonprofit Certificate of Exemption Checklist - Nebraska

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.

FAQ

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.