77-2701.23 Model 3 seller, defined. - Nebraska Statutes

77-2701.23. Model 3 seller, defined.Model 3 seller means a seller that has sales in at least five member states, has total annual sales revenue of at least five hundred million dollars, has a proprietary system that calculates the amount of tax due each jurisdiction, and has entered into a performance agreement with the member states that establishes a tax performance standard for the seller. Seller includes an affiliated group of sellers using the same proprietary system. SourceLaws 2003, LB 282, § 27.