S-21-0616 Gelco Fleet Trust (Appellant) v. State of Nebraska Department of Revenue and Tony Fulton, Nebraska State Tax Commissioner (Appellees)
District Court for Lancaster County, Judge Lori A. Maret
Attorneys: Jennifer D. Tricker (Baird Holm for Appellant) and Raye C. Elliott (Ackerman, LLP, pro hac vice); L. Jay Bartel (Asst. Attorney General for Appellee)
Civil: Sales tax refund
Proceedings Below: The district court denied Appellant’s claim for a sales tax refund involving the purchase of a motor vehicle.
Issue: Appellant submits that the district court erred by: 1) holding that the trade-in vehicle must have been physically traded in to the seller on the same day as the purchase of the new vehicle in order to qualify, and 2) holding that the credit Gelco received for the trade-in vehicle was not a “trade-in credit” under Nebraska law.