In addition to the sales tax, there are other taxes which may be applied in certain situations, such as the the "tourist development tax" of 13% on any rentals of real estate, although residential rentals which are longer than six months are considered to be exempt. Over $1B per year...
This applies to taxable items bought in the state where the consumer was not charged sales tax and for taxable items delivered into the state where sales tax was not paid. Use tax is also due on tax-exempt items that the purchaser intended to resell, but later was used for business or ...
During thistax-free period, various items are exempt from sales tax, including clothing priced at $100 or less per item, school supplies costing $50 or less, and personal computers and tablets priced up to $1,500. Additionally, learning aids and puzzles priced at $30 or less are a...
Title XIV, Chapter 212 of the Florida statutes explains the state's sales tax laws and exemptions. First on the exempt list isfood packaged or prepared for human consumption, which is sales tax-free unless it is prepared on-site for immediate or later use (deli meals or sandwiches, for ex...
tax ranging from one-quarter to 2 percent on the dollar. Like many states, however, Texas exempts some items, such as food and medicine, from the sales tax. The Texas Comptroller of Public Accounts, the state's chief tax collection agency, publishes lists of items exempt from sales taxes....
announced that it is considering individual sales of the water and sewer systems in 26 Florida counties owned by its subsidiary, Florida Water Services Corp., after meeting with four local ...
Florida Sales Tax: Florida sales tax rate is 6%. Florida State Tax: Florida does not have a state income tax. Florida Corporate Income Tax: Corporations that do business and earn income in Florida must file a corporate income tax return (unless they are exempt). Florida Property Tax: ...
Local Utility Rebates: Some local electric cooperatives and municipal utilities may offer solar rebate programs to offset the cost of your renewable energy system even further. Sales Tax Exemption: Solar is exempt from Florida’s sales taxPlay Video: ...
Sales tax holidays are becoming increasingly popular. In 2023, approximately 45 sales tax holidays were held across 24 states, with expectations for even more in 2024. If you're in
are in line with restaurants of the same size and in various parts of the state. "A large number of exempt sales may provide good leads for future audits," according to the revenue department, so restaurant owners should be diligent in correctly reporting and paying sales tax to avoid ...