On 26 May 2021, the Governor of the U.S. State of Nebraska signed Legislative Bill 432 into law, which provides for a reduction in the top corporate income tax rate from 7.81% to 7.50% on taxable income over USD 100,000 for taxable years beginning on or after 1 January 2022, with a further reduction to 7.25% for taxable years beginning on or after 1 January 2023. The lower rate on the first USD 100,000 of taxable income is maintained at 5.58%. It is also noted that it is the Legislature's in…