The governor of the U.S. State of Nebraska announced "Historic Tax Relief Bills" on 18 January 2023. Two of the bills aim to accelerate tax cuts passed by lawmakers during the last legislative session. In regard to corporate tax rate cuts, Legislative Bill (LB) 804 would reduce the top corporate income tax rate to 5.84% on all taxable income in excess of USD 100,000 for taxable years beginning or deemed to begin on or after 1 January 2023. Currently, a phased reduction is scheduled with the…