Rural Norfolk Business To Get Large Refund
Posted: 19 March, 2013
NORFOLK, Neb. (AP) - A northeast Nebraska business will be getting a $544,023 refund because it mistakenly paid Norfolk's sales tax for several years when it wasn't required to.
The state told the city about the refund last month. Norfolk Finance Director Randy Gates says the refund will definitely have an impact on the city's budget unless the business is willing to spread the refund payments out. The tax refund is due because a business outside the city limits mistakenly paid Norfolk's city sales tax from 1999 to 2005. Officials aren't identifying the business. Gates says the refund may be related to purchases of about $50 million in equipment.